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To: central_va

It may still be high due to refining.

I wonder all our new domestic production is easy to refine. The sweet crude from the Islamic states is usually the easiest to refine....while the Venezulan oil is tough to refine (which probably curtailed a lot of Chavez nuttiness....they had to refine their oil outside country)

Also...shale and tar sands oil costs more to extract

As long as the Islamics, Free Trader Globalists, and the enviros don’t gang up to stop domestic production (those three will try...guarantee)...petrol should drop if the free market is allowed to run course


12 posted on 05/28/2013 11:22:12 AM PDT by SeminoleCounty (GOP - Greenlighting Obama's Programs)
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To: SeminoleCounty
A lot of that middle east crude is not sweet.


16 posted on 05/28/2013 11:38:22 AM PDT by thackney (life is fragile, handle with prayer)
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To: SeminoleCounty; SierraWasp
I think the goings -on in Syria have caused a big War Premium in crude also.

McCain was in Syria for a few hours yesterday,...and the Euros are lifting the weapons embargo for the rebels....and the a Senate committee has voted funds for the Sunni rebels in Syria.

Russia said OK we are sending more S-300 missiles to Assad.

21 posted on 05/28/2013 12:29:05 PM PDT by Ernest_at_the_Beach (Just who is McCain visiting with?)
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