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Author Topic: Why are gas prices so high? [Locked]
Brother_Tempus  3 stars
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
Desnoxvu posted:

Good point Brother. When compared to gold gas prices are at all time lows.



simple supply/demand and the economic laws of scarcity.


Despite more gold and oil being on the market now than there was back when the dollar was tied to gold, gold and oil are more expensive because there is more dollars out on the market than gold or oil

 

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illmyrin  3 stars
Posts: 705
Registered: 2001-12-25 11:52:26
Quote:

illmyrin
Date Posted: 5/21/08
Subject: RE: OIL!

"Be it contrivance or ecological reality the fact remains that the US economy is being collapsed on supply issues compounded with national debt destabilization.


It has been planned for. The US is going down. Washington is bought and paid for along this agenda. You will stand in line for food."

 

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Elkad  2 stars
Title: aka Ebenezer
Posts: 407
Registered: 2003-9-11 22:20:55
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



Gasoline, not oil. Just means we have an excess of refinery capacity.

Oh, and you get huge tax credits for importing a bunch of gas, adding a bit of ethanol and then exporting it again.

 

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Eithne_Boadicea  1 star
Posts: 216
Registered: 2002-10-21 14:29:50
I still haven't figured out how the local places in my area price gas to stay competitive. There is a truck stop near us that has regular unleaded for $3.55/gal, and the Shell station that is literally right across the street from it just raised their price to $3.99/gal. I don't get it.

 

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