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Topic:
Why are gas prices so high? [Locked] |
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Date Posted:
1/1/00 12:00am
Subject:
Why are gas prices so high? |
Sin_of_Onin posted:
Why are gas prices so high?
People are buying as much, or more, as ever. Why lower prices when demand is so high?
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I know what you're trying to do but you're just sailing another failboat over the falls. - imaloon1
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theredkay1  Posts: 611
Registered: 2008-5-16 10:37:09
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Date Posted:
1/1/00 12:00am
Subject:
Why are gas prices so high? |
Desnoxvu posted:
Hyperinflation will be in full gear soon.
When?
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eodoll  Posts: 1,028
Registered: 2002-2-14 12:35:42
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Date Posted:
1/1/00 12:00am
Subject:
Why are gas prices so high? |
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Iran stopped shipping oil to france and britain as a FU to the EU for the sanctions.
Eventhough iran is not a big provider of oil that move caused instability and extra reliance on the saudis to produce more oil than usual.
So the speculation is that oil will be more expensive.
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Blue_arrow  Posts: 468
Registered: 2008-7-2 02:02:19
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Date Posted:
1/1/00 12:00am
Subject:
Why are gas prices so high? |
The United States is awash in gasoline. So much so, in fact, that the country is exporting a record amount of it
The country exported 430,000 more barrels of gasoline a day
United States is on track this year to be a net exporter of refined products for the first time in 62 years.
"  ou're paying $4 or $4.50 a gallon to run your rig, yet we're exporting the crap out of this fuel.
The drop was caused partially by the recession but also by the advent of more fuel efficient vehicles, higher prices and the greater use of ethanol as an ingredient in gasoline
http://money.cnn.com/2011/12/05/news/economy/gasoline_export/index.htm
United States is awash in gasoline and dumping it over seas ....100% all obama fault
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Ashmaele Title: Pastor of Muppets
Posts: 1,809
Registered: 2002-1-15 08:30:50
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Date Posted:
1/1/00 12:00am
Subject:
Why are gas prices so high? |
theredkay1 posted:
Desnoxvu posted:
Hyperinflation will be in full gear soon.
When?
Would like to know this as well, it might alter my investment strategy significantly.
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I had a dream. It was an incredible dream. When I awoke, I had a huge mess to clean up.
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Ashmaele Title: Pastor of Muppets
Posts: 1,809
Registered: 2002-1-15 08:30:50
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Date Posted:
1/1/00 12:00am
Subject:
Why are gas prices so high? |
Blue_arrow posted:
The United States is awash in gasoline. So much so, in fact, that the country is exporting a record amount of it
The country exported 430,000 more barrels of gasoline a day
United States is on track this year to be a net exporter of refined products for the first time in 62 years.
" ou're paying $4 or $4.50 a gallon to run your rig, yet we're exporting the crap out of this fuel.
The drop was caused partially by the recession but also by the advent of more fuel efficient vehicles, higher prices and the greater use of ethanol as an ingredient in gasoline
http://money.cnn.com/2011/12/05/news/economy/gasoline_export/index.htm
United States is awash in gasoline and dumping it over seas ....100% all obama fault
 It took you longer than usual to get around to blaming Obama, but you tied it up nicely there at the end with all those facts and figures.
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I had a dream. It was an incredible dream. When I awoke, I had a huge mess to clean up.
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Sin_of_Onin Posts: 1,307
Registered: 2005-6-29 08:21:12
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Date Posted:
1/1/00 12:00am
Subject:
Why are gas prices so high? |
eodoll posted:
Iran stopped shipping oil to france and britain as a FU to the EU for the sanctions.
Eventhough iran is not a big provider of oil that move caused instability and extra reliance on the saudis to produce more oil than usual.
So the speculation is that oil will be more expensive.
People keep talking oil prices but I am talking gas.
Oil prices are not that bad. Gas prices on the other hand are crazy high. There is a disconnect between the price of oil and the price of gas.
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F is for Fake-believe
"We apologise for the inconvenience" --God
"What Jesus fails to appreciate is that it's the meek who are the problem"--Reg
Run, Forrest! Run!
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SoBaKi Posts: 487
Registered: 2002-2-26 09:31:13
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Date Posted:
1/1/00 12:00am
Subject:
Why are gas prices so high? |
Sin_of_Onin posted:
eodoll posted:
Iran stopped shipping oil to france and britain as a FU to the EU for the sanctions.
Eventhough iran is not a big provider of oil that move caused instability and extra reliance on the saudis to produce more oil than usual.
So the speculation is that oil will be more expensive.
People keep talking oil prices but I am talking gas.
Oil prices are not that bad. Gas prices on the other hand are crazy high. There is a disconnect between the price of oil and the price of gas.
Oh, in that case, Exxon. Got to keep the record profits rolling........
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"Do what you can, where you are, with what you have." - Teddy Roosevelt
Know god, know sin. No god, no sin.
Dogs are animals.
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ZigmundZag Title: Grammar Nazi
Posts: 1,211
Registered: 2002-3-25 23:03:00
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Date Posted:
1/1/00 12:00am
Subject:
Why are gas prices so high? |
Sansfear posted:
There is a glut of gasoline, we're exporting more than ever.
Demand is down.
Because of that, oil companies are actually shutting down refineries.
Oh, darn, that decreases the supply. Prices go up! Stockholders rejoice!
We're exporting gasoline because our refineries do it cheaper than many others. That doesn't really have squat to do with the supply itself.
Mostly I'd say it's a combination of ramping up for the summer season, increased demand, and uncertainty surrounding Iran. I'm not sure what part if any that speculators play in prices at the pump rather than the cost of crude oil, but I suppose it's possible. It's just as likely it's a convenient scapegoat, though.
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"Take the cheese to sickbay!"
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DemonicXH Title: Camelot Vault Staff
News Editor
Posts: 584
Registered: 2003-12-1 08:14:17
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Date Posted:
1/1/00 12:00am
Subject:
Why are gas prices so high? |
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According to some, high gas prices mean the economy is recovering!
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