This thread is almost a moot point as the U.S. has already breached the $4 a gallon mark.
HOWEVER...
As a national average:
The U.S. will likely see $4 a gallon shortly after the refineries along the Texas/LA coast shut and the workers are evac'd.
The U.S. will MOST DEFINITELY see $4 a gallon OR HIGHER, should Rita take out any pipeline infrastructure/drilling platfrom/well placements that Katrina missed, damaged previously or missed altogether.
The U.S. will MOST DEFINITELY see $4 a gallon OR HIGHER, should Rita cause severe rain/storm surges in the NOLA area - surges that could reverse the recovery of NOLA based refineries.
The U.S. will MOST DEFINITELY see $4 a gallon OR HIGHER, should said refineries sustain enough damage to shut BOTH TX AND NOLA fuel production for ANY extended period - the results of which would likely spiral the U.S. (and the world) MUCH DEEPER into the refined fuel crisis that is ALREADY UNDER WAY in many parts to the world.
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RightWing is correct. Invest in oil companies. BUT invest in oil companies that have proven reserves ONLY.
Teazeman is incorrect/correct.
INCORRECT: Refineries were not built in the U.S. over the last 30 years because the predictions that the world was going to use less oil by the 90's were grossly inept (the same idiots claim today that there will be more oil in the future). Furthermore, the profitability of building a refinery (VERY EXPENSIVE) coupled with operating one (VERY MARGINAL) over and above the fact the the world is RUNNING OUT OF OIL makes it VERY LOGICAL to not build any.
CORRECT: WE ALL HAVE OURSELVES TO BLAME FOR:
a) building a completely unsustainable way of life based entirely on the exploitation of a finite resouce
b) not challenging the despot regiemes of Saudi Arabia, Iraq, Libya, Kuwait, Nigeria et al. to account for and independently verify how much of said finite resource remains to be used
c) allowing BigOil and major corporations to effectively manipulate the government mandate (therein the public) through propaganda, lies, corrupt practice, soft money and so forth; as part of a concerted effort to block the protection and conservation of the envrionment for financial gain - despite the fact, that PROTECTION AND CONSERVATION have ALWAYS RETAINED a SOLID MAJORITY of PUBLIC SUPPORT FOR YEARS!!!
HOWEVER...
As a national average:
The U.S. will likely see $4 a gallon shortly after the refineries along the Texas/LA coast shut and the workers are evac'd.
The U.S. will MOST DEFINITELY see $4 a gallon OR HIGHER, should Rita take out any pipeline infrastructure/drilling platfrom/well placements that Katrina missed, damaged previously or missed altogether.
The U.S. will MOST DEFINITELY see $4 a gallon OR HIGHER, should Rita cause severe rain/storm surges in the NOLA area - surges that could reverse the recovery of NOLA based refineries.
The U.S. will MOST DEFINITELY see $4 a gallon OR HIGHER, should said refineries sustain enough damage to shut BOTH TX AND NOLA fuel production for ANY extended period - the results of which would likely spiral the U.S. (and the world) MUCH DEEPER into the refined fuel crisis that is ALREADY UNDER WAY in many parts to the world.
----------
RightWing is correct. Invest in oil companies. BUT invest in oil companies that have proven reserves ONLY.
Teazeman is incorrect/correct.
INCORRECT: Refineries were not built in the U.S. over the last 30 years because the predictions that the world was going to use less oil by the 90's were grossly inept (the same idiots claim today that there will be more oil in the future). Furthermore, the profitability of building a refinery (VERY EXPENSIVE) coupled with operating one (VERY MARGINAL) over and above the fact the the world is RUNNING OUT OF OIL makes it VERY LOGICAL to not build any.
CORRECT: WE ALL HAVE OURSELVES TO BLAME FOR:
a) building a completely unsustainable way of life based entirely on the exploitation of a finite resouce
b) not challenging the despot regiemes of Saudi Arabia, Iraq, Libya, Kuwait, Nigeria et al. to account for and independently verify how much of said finite resource remains to be used
c) allowing BigOil and major corporations to effectively manipulate the government mandate (therein the public) through propaganda, lies, corrupt practice, soft money and so forth; as part of a concerted effort to block the protection and conservation of the envrionment for financial gain - despite the fact, that PROTECTION AND CONSERVATION have ALWAYS RETAINED a SOLID MAJORITY of PUBLIC SUPPORT FOR YEARS!!!
