The link is g'ment two speak. The simple answer is we're being ripped off,
and the oil companies have the approval of the administration to do so. Now
the election is over the price of fuel is going to continue to increase.
The reason fuel prices will continue to increase is pretty simple...supply
and demand. As China and India continue to expand their industries they are
using more oil. Combine that with the normal world oil useage and the fact
that the US economy continues to grow and you have more demand for oil. If
you want to see lower oil prices in the US two things need to happen. We
must start increasing domestic production and refining capabilities and
limit or reduce the amount of oil we are currently using. As long as the US
is primarliy dependent on foreign production we are going to continue to pay
higher prices. I reside in an area of Kalifornia where the average price is
$2.49 a gallon for regular gas, probably the highest in the country unless
you are talking about areas such as downtown San Francisco where the prices
can be 20 cents or more a gallon higher. A year ago the price was around
$1.75 a gallon. But one thing for sure, there is as much or more traffic in
the streets now. People just pay the price and keep driving.
you've hit upon some of the factors for higher fuel prices and some
other reasons are political instability in many producing countries, a
shortage of shipping, requirements for low sulphur fuel and a weak US
| Because there have been a lot of questions over the last while on the
| varying prices of diesel vs. gasoline:
| John M.
| '94 E320 burns premium
Same as in the UK. Basically the scam is that in the winter, there is heavy
demand for heating oil and that puts up the price of Diesel. In the summer
there is no demand for heating oil, therefore less of it (and hence Diesel)
is made, and this puts up the price!
Drinks all round for Halliburton!!!!
On Thu, 4 Nov 2004 17:35:23 -0000, "Stratman" wrote:
That's not a scam, that is called 'supply and demand'. Look into
bottled LPG prices, or coal prices. I recall my mum stocking up the
coal bunker through the summer at the lower summer price ready for the
coming winter - and that was YEARS ago.
W126 300SE 234,000 Miles
Some folks would apparently rather believe in scams and conspiracies,
rather than learn basic economics, eg supply,demand and pricing. Sort
of like a throwback to hundreds of years ago when it was believed
illness was caused by demons rather than germs.
Halliburton doesn't sell gas or diesel. They are a drilling service
company and KBR is their construction management company. The people
making the real money are Shell, Exxon, Mobil, BP et al. But after
10-15 years of poor performance, I guess they are reaping a profit
now. It probably all averages out. Speaking of raping....er reaping,
anyone remember Enron?
Too late! looks like you are already confused!
These companies have been make nice profits right along and have been
raking in RECORD profits for the last two years.
Enron of course is GWB's very best buddies from Houston, who made the
US energy policy in conjuction with the former CEO of haliburton (DICK
Cheney). Big surprise they have fought tooth and nail to keep the
"energy policy" meeting members secret.
Supply and demand requires a free market. Collusion between suppliers
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