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- tomman58Explorer
cekkk wrote:
So I guess Big Oil's purchase of the Obama administration accounts for the high retail prices. And here I thought BO didn't promote fossil fuels. I really enjoy you opening your mind to us tomman. A bit scary to look inside, but enjoyable, nevertheless.
I don't see a pipeline do you?
Could be one but not today or tomorrow!
Bought off, I don't think so. - LindsayRichardsExplorerSame kind of thinking that drove Detroit to it's knees and why half (and growing) of the Nation's cars are made outside of the UAW domain. America should never be afraid to compete, We can drive our competitors down the drain if given a chance. The natural gas revolution is going to happen. The exports of LNG are going to be going to Europe where they are switching over to it faster than us due to your type of thinking.
- Greydog_1ExplorerIn Jan or early Feb this year I paid 3.02 once. today at same place it is 3.71. SLightly more than just profit wouldn't you say? How about robbery?
- SRTExplorerThe local newspaper said our price of gasoline went up a total of 57¢ a gallon in the latest increases. That thunder clap you heard was my wallet collapsing from the removal of $$ to feed the vehicles.
- LindsayRichardsExplorerSSDD
- LindsayRichardsExplorer
I was reading an article and it said we export more gas and diesel than ever before. Lets admit, companies go wehre they can get the most profit.
The gasoline we export is becasue the we have excess refining capacity due to the lower usage from the recession. The companies import crude and add value to it by refining it into gasoline and other refined products to sell abroad. Their other choice is to closed down that part of the refinery and fire the employees. The supply and demand is in the crude oi, not the refined products. The oil company haters will try to make you think this is an indication of greed, but it is importing a raw material, and adding value to it and selling it overseas. The employees who make it are sure glad they have a job. When the recession is over (soon we hope) and gasoline usage goes back up, they will sell the gas here first. Just makes sense. What really makes sense is to get the crude here, add value and sell it abroad. - koda55ExplorerI was reading an article and it said we export more gas and diesel than ever before. Lets admit, companies go wehre they can get the most profit.
- cekkkExplorerLet's not forget the impact governments, plural, have on the price of gas/diesel. It's substantial. This blend here, that blend there. Ain't no free lunch. Not to mention how they screw with the refineries themselves. Oil is a third cheaper than a few years ago. But the retail prices are roughly the same as back then. And now EPA wants 15% ethanol, to heck with what it does to the engines and the starving children around the world for whom the price of grain rises even more. Government, the fed one, is just swell.
Diesel here now $3.569, less than regular! Yippee Yippee ....! - LindsayRichardsExplorerPlease don't include me in what you know. I know what the price of oil has been in the past and I know it could be less in the future. 4 1/2 years ago, gas average was $1.82 if you remember. Anti fossil fuel policies do affect pricing period. We are under the thumb of OPEC and we are not using ability to remove that thumb. It is simple and not a huge conspiracy.
We import just the amount of oil needed to meet the demand. If we had more domestic, we would import less, there would be more for the rest of the world, and the price would go down. The oil companies are trying very hard to get more domestic production and are thwarted at every turn. I listed to the congressional hearings yesterday about what the feds want to do for fracking. If that is done, prices will skyrocket. - Gale_HawkinsExplorerWhile it is true as the price of gas increases there is a negative impact. Job losses are on the increase locally and the new round of laid off folks got a letter stating the president decided to cut unemployment benefits by 10.7%.
With that being said I expect we have more of an over spending issue than an energy plan issue. This means as gas prices increase the pain is greater.
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