To: phoenix0468
Answer: Increased demand and fear of supply disruption are the main causes for the rise in prices. The price will go down if supply increases, fear subsides, and/or demand decreases. A drop of 7% in total use would drop prices significantly. People have slowed their use by very little so far, as the price doesn't bother them enough yet to change their behavior.
I have a Nissan Maxima, 265 horsepower, 0-60 mph in 6.3 seconds. I get 24 mpg in town and 32 on the highway if I keep my foot out of it, so to speak. Mostly I keep my foot out of it, allowing myself a little fun from time to time. Gas is cheap, and I'm driving as much as I want.
When gas prices get too high, consumption will decline, and so will prices. $3 a gallon will have no effect on my driving, maybe $4 will, we'll see.
3 posted on
07/10/2006 10:20:35 PM PDT by
SaxxonWoods
(Free Iran! WARNING! Forbidden Cartoon: .. . *-O)) :-{>. . . .)
To: SaxxonWoods
and as long as the RINO's and Dems stop drilling in our own country the supply isn't likely to increase as the people doing the providing manipulate the supply.
To: SaxxonWoods
"The price will go down if supply increases,"I understand that in Saudi Arabia there are only 300 producing wells and they haven't drilled in over 50 years. I don't know if they even have a refinery.
yitbos
16 posted on
07/10/2006 11:23:51 PM PDT by
bruinbirdman
("Those who control language control minds.")
To: SaxxonWoods
And what will bring the price of gold down?
29 posted on
07/11/2006 6:16:41 AM PDT by
GOPJ
(In the future when the war goes badly - Keller (NYT) will be arrested for treason, and executed.)
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