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Message
From
12/09/2006 20:22:38
 
General information
Forum:
Politics
Category:
Other
Title:
Miscellaneous
Thread ID:
01150669
Message ID:
01153177
Views:
25
I think the more interesting question is WHY is the price of gas down (about a buck less per US gallon here than a month ago)!

Being an oil conspiracy theorist I believe it has to do with too much pressure, with REAL ACTIONS being contemplated, to get away from oil.
There is too much danger that too much money will be poured into projects to REPLACE oil, so big oil has to get the pressure off.

If we take into account all of the poor poor reasons of the past for raising the price THERE IS NO LOGICAL REASON WHY THE PRICE SHOULD BE LOW NOW.
- Prudhoe Bay is still at half capacity;
- Iraq is not producing as needed;
- Iran's supply is in jeopardy because of various factors;
- gulf coast refineries are still below pre-Katrina capacities;
- etc.



>I'll say. They're down 40-50 cents/gallon around here. And I heard on the radio today that the price of crude oil dropped over a dollar today.
>
>Of course, that all goes out the window if we are dumb enough to attack Iran, which the hawks in the administration want to.
>
>
>>Well, gas prices ARE coming down.
>>
>>
>>>It's simple really. Don't wait, just buy a HUMMER NOW. :o)
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