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U.S. retail gas prices continue to rise
Hugo Chavez:
They wanted to buy your vote... ::)
http://news.yahoo.com/s/ap/20061203/ap_on_bi_ge/gas_prices
240 is Back:
And, Iran calls for new cut in OPEC oil output
http://news.yahoo.com/s/afp/20061203/wl_mideast_afp/opeciranoiloutput_061203211420
Remember, the less they output, the more we pay. Iran is raising our gas prices, much like the Saudis lowered them before the Nov elections.
Delusional Liberal:
gas will never be cheap for extended periods, ever again. 240, check out www.peakoil.com's forums, bunch of pessimistic doomsdayers there, you'd like it.
240 is Back:
--- Quote from: Delusional Liberal on December 03, 2006, 06:30:58 PM ---gas will never be cheap for extended periods, ever again. 240, check out www.peakoil.com's forums, bunch of pessimistic doomsdayers there, you'd like it.
--- End quote ---
Tell us about why it was so darn good until election day, then?
Seems like a purty big coincidence. bush1 works so closely with the saudis, the saudis control output which controls prices, low prices are good for economy right before a close election in which bush1's son will benefit greatly... You see why people are suspicious of this circle? If the repubs would have won the congress, it would have been two more years of $10B oil prifot quarters.
Delusional Liberal:
--- Quote from: 240 is Back on December 03, 2006, 06:35:50 PM ---Tell us about why it was so darn good until election day, then?
Seems like a purty big coincidence. bush1 works so closely with the saudis, the saudis control output which controls prices, low prices are good for economy right before a close election in which bush1's son will benefit greatly... You see why people are suspicious of this circle? If the repubs would have won the congress, it would have been two more years of $10B oil prifot quarters.
--- End quote ---
because summer demand ceased and the was surplus oil on the market, refineries worldwide are running at full capacity, which is why any decrease in production such as damage to the refineries from katrina result in drastic increase in prices, a 2% decrease in production will have notable effects on oil prices. a 2% raise in prices wont result in any conservation, so therfore, prices need to be raised further to curb demand even minimally.
if it is a republican conspiracy to manipulate gas prices, although highly unlikely, if you knew what it takes to facilitate oil market fluctuations, good...whatever helps get them in office.
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