Riiight!
Posted on 10/06/2005 3:57:34 AM PDT by RWR8189
Those laws are still on the books and still enforced.
Why are you not considering forces which prohibit free delivery of oil to the consumer---extreme environmentalism, Liberal economic policy in not developng cheap energy sources, EPA over-regulation (Justified by junk science), failure by state, federal and judicial governments to permit refinery production and oil/gas exploration and drilling. Sounds like you should be looking at all factors.
Riiight!
You are drifting further and further from rational discussion of the facts as we have them today. I won't respond to more non-responsive, ill-considered posts on your part.
Econ 101: a lot of people need it.
You promise??? Cross your heart???
If we have 3 and $4 gasoline tell all those people hit by the recession to stop crying about it.
HA !
Come'n down and buy the BIG SUV you always WANTED....
"I refuse to accept that "supply and demand" are in control in the oil business."
How about the producers greed vs the consumers greed.
Dropped from $3.29 to $2.87 here in the last 3 weeks
I drive an old Honda bomber prolly half your age. I have always been a tightwad about cars, all I want is to get from point A to point B. You guys with the SUVs like to run me off the road. hehe
Where does it say supply increased?
Unc..I admit to being old...Been in the oil business once, learned long ago to not beleive in the tooth fairy, easter bunny and not even Santa. I know, cynical, I found out that they had been lying about them.
It doesn't, but that won't stop the whining. You can't reason someone out of something they haven't reasoned themselves into.
Saudi Arabia made an announcement that they could and would pump an extra 500,000 bbls a day if wanted. No takers and the price of oil went higher.
Refining cpacity down 18%. Gasoline stocks DOWN by several million barrells.
Supply = DOWN.
You misunderstood me - I was just being sarcastic.
I don't like SUVs..... :o)
A lot of these guys have loved to tell us that we should be thankful at the price of gas; they bring up inflationary levels and some bring up the price of a gallon of milk or water. The inflationary argument has slowed down as we approach the level of Carter outrage. I haven't looked it up, what was it then, 1.25 or so? That would equate to about four dollars now.
The big problem with the price of gas is the equivalent price of diesel. That cost has to go somewhere. Another problem that is cropping up is that a lot of the smaller carriers are overreacting by sharply increasing their charge per mile, instead of offsetting with fuel surcharges. We're heading for a downturn unless something good happens soon.
I know, I was trying a little humor...Too many people here are overly dour in the morning. I take myself not seriously at all. I just look in the mirror and get a good laugh.
Supply and demand of crude and supply and demand of refined product are two different things.
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