Posted on 08/10/2005 5:54:24 PM PDT by B4Ranch
Still $23 per barrel (2005 $) lower than it was under Carter.
How much longer can this madness go on? It seems like the American Public would be crying "Uncle" by now.
That's because they can afford it and afford it easily.
The speculation is over... The companies involved are now trying to see how far and how fast they can push the envelope before eliciting a negative consumer response.
That's assuming the law of supply and demand hadn't been repealed by the left...
Yes, but the caribou are safe.
It seems like some would be cutting their elective driving, but a quick traffic count past my house indicates elective driving is actually increasing. If anything, the sound systems in the Silverados are turned up even higher. Lead Foot Louie is taking it somewhat easy for the time being, but he will be back up to speed if the price holds steady for a week.
This is ridiculous. Gas is pushing $2.50 a gallon here.....it costs me nearly thirty bucks to fill my damn tank. We could kick OPEC and the Chinese in the shorts if we expanded domestic production, but NOOOOOOOOOOOOOOOOOOOOOO (John Belushi-esque version), we have to listen to the eco Nazis and tie our economy to foreign sources.
Someone hold my hat while I puke.....
Environmental Laws make building refineries difficult, not impossible but difficult. That also means it takes years to get one built. Thank you Sierra Club, DNC, etc.
Looking more and more like a goal than a comparison.
The clean natural gas, uranium and coal resources of our western state basins are unbelievable. At least $100 trillion dollars in natural gas, uranium, coal resources and oil reserves out there could last US 300-500 years. With new refineries, it's a win-win scenario for US.
Bullseye! It seems that the only reason the price is going up is to see how far they can take it until we, the consumers, won't take it. Sadly, we probably haven't gotten near that point yet.
By controlling the supply you also restict the affordability of demand.
This is the best way to keep families from taking summer vacations over a few hundred miles from their place of residence. Just the idea of retiring and driving six or eight thousand miles in one summer have all but vanished for most folks.
I know people who have the super large motor homes. Yes, they are well to do but they are looking into the feasability of leaving their motor homes in Florida, Texas or Arizona over the summer months and driving the family car back and forth.
Diesel fuel is almost or over $3 a gallon today so the idea that we had five years ago of buying powered vehicles has gone out the window. I recall when diesel was a dollar less than gasoline. Locally here in Reno it is a dime more than gasoline.
The refinery process for diesel is much less than gasoline, so perhaps somebody can explain the cost rise above gas for me.
Maybe you should walk more places. That way you save money and can drop a few pounds while you're at it.
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