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Posted on 09/19/2005 3:41:44 AM PDT by RWR8189
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Let's hope that 2006 sees a far less busy hurricane season than 2005.
Next year... Honolulu...
Yep, get the extra cxash as fast as possible. Blame it all on hurricanes even though Katrina did no damage to underwater pipelines and the refineries were back on line in very short order.
The responsibilities of the companies to not gouge us is pretty thin. The dealers on the street at local stations are losing huge as their margins to sell gas is so thin that privately owned stations are going out of business rapidly. Hmmmmm, seems to leave only the corporate owned ones standing. Nice way to eliminate competition.
WHilst I do not want the government setting prices I have no problem with unfair business practices being looked into. Something is wrong when the prices go up almost 75 cents over night then the announcements is made that supplies have been re-establised yet they fall only half that and take weeks to do it.
What I would love is an instructional expose by some one here learned in the whole economy from ground to gas tank so that I can know whether or not I am off base here.
If oil dropped to a nickle a barrel one day and then the following day rose to a dime, Reuters report would scream OIL PRICES DOUBLE IN ONE DAY!!!
Oil prices are down from the $70+ that we have seen, but that would be good news. Reuters is more interested in the gloom and doom slant on the news as long as there is a Republican in the White House.
The market will decide the price of oil and hurricanes are a part of market forces.
Gasoline here (central Illinois) is at $2.66, that's down from a peak of $3.29
Once the severe cold & snow begins we could see 15.000. It is and shall be very $$$ to keep one's home warm.
Buy Now or prepare to be shafted!
And why haven't the lords of the "mainstream mess" kept us up on that bounty--just on federal land alone in those 3 states?
Tropical Storm Rita Moves Toward Florida; May Become Hurricane
That's about the size of it. Also Heating Oil & for those which use Propane as well, buy now.
I saw $2.56 when I swung through Bloomington-Normal yesterday.
We could really go for prices like that in Chicagoland!
The only way we can assure that will happen is if Bush signs Kyoto now!!
Mike
Kuwait offers to build first refinery in U.S. in 30 years
An OPEC foreign nation makes an offer to construct an oil refinery, in relation to homegrown Exxon, Sunoco, Citco, Texaco...etc...incredible!
Price at my neighbourhood Shell station dropped over the weekend from $1.03 to $.95 per litre. Still way higher than US prices, but down by about 75 cents since Labour Day Weekend.
Of course the Long Weekend Price Gouge is a Canadian tradition and nobody really gets excited about it anymore. Like de Toqueville put it so well about the Frenchman of the 1800s (and now), "He folds his arms and waits for the entire nation to come to his aid."
Exactly right- we use natural gas, and having restricted ourselves to heating only the kitchen and family room for the last few winters, we're looking at replacing the kitchen window AC with a heat pump, and maybe adding a couple of baseboard electric heaters.
By the de Toqueville quote, which has a lot of merit, I take you are in the PQ's Townships area? Some of the best Fall colour anywhere, but frigid in the winter.
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