Back in the day, I worked at a fuel dock when that fuel shortage hit.(the block long lines at the pumps)
Our tanks were full (a few million gallons) I was told to tell people we had no fuel. Seems we joined a conspiracy to drive up the price. And the prices did indeed go up.
Our tanks were full (a few million gallons) I was told to tell people we had no fuel. Seems we joined a conspiracy to drive up the price. And the prices did indeed go up.
Hey General there is on average 100% tax on gasoline where I live as it is now $2.20 a gallon and $1.10 a gallon on the exchanges,
who's pocket's we lining there ?
must feel pretty stupid posting about invading a country for cheap oil as it hits record prices.
do not make personal attacks on other posters in our forums sodium.....u seem to have the same problem in the political forum, and the rules are no different here......consider this a warning....
thank you
[This message was edited by bucsfan67 on March 24, 2004 at 06:40 PM.]
who's pocket's we lining there ?
must feel pretty stupid posting about invading a country for cheap oil as it hits record prices.
do not make personal attacks on other posters in our forums sodium.....u seem to have the same problem in the political forum, and the rules are no different here......consider this a warning....
thank you
[This message was edited by bucsfan67 on March 24, 2004 at 06:40 PM.]
Actually, being a futures trader, I can tell you that oil hasn't been this high since gulf war 1. Also, it takes 6 months for oil sucked from the ground to end up at your local pump. So gas prices will being going up from here. And even higher if OPEC continues with their planed production cut in April.
I don't like paying $2 a gallon just like everyone else BUT one thing I don't understand is why gas prices are expected to stay at the same price forever...
When I was growing up a candy bar was 35 cents, now it is more like 75 cents
A pack of baseball cards cost 35 cents....average price now is about $3
I could go on and on....but u see the point...why would gas be any different?
When I was growing up a candy bar was 35 cents, now it is more like 75 cents
A pack of baseball cards cost 35 cents....average price now is about $3
I could go on and on....but u see the point...why would gas be any different?
On the supply side Iraq and Venezuela are way down on production due to governmental upheaval. On the demand side China is growing up economically and their appetite for oil is steadily increasing. The result is $37 per barrel oil for a while, or until something above changes. Some people see $40 soon. Cheap gas is at least 6 months away so keep driving your SUV's like you don't care about MPG, see what it gets you.
Gas being expensive is a total myth "fueled" by the media and those not so financially savvy.
Home prices are screaming upwards. Many other things have gotten very expensive. But gas has roughly matched inflation the past 30 years or so.
I gues all those SUV drivers with bumper stickers saying "save the planet" are feeling the hurt.
Home prices are screaming upwards. Many other things have gotten very expensive. But gas has roughly matched inflation the past 30 years or so.
I gues all those SUV drivers with bumper stickers saying "save the planet" are feeling the hurt.
Call me a whacko.
If a Martian landed on our planet and invisibly watched us, he would be surprised at:
1. How cheap our gas is.
2. How expensive our beer, pepsi, cigarettes, water is.
I think he would say "Why are all these humans complaining about gas prices and spending so much on pepsi/water/booze/etc.?
If a Martian landed on our planet and invisibly watched us, he would be surprised at:
1. How cheap our gas is.
2. How expensive our beer, pepsi, cigarettes, water is.
I think he would say "Why are all these humans complaining about gas prices and spending so much on pepsi/water/booze/etc.?
