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To: zencat
Why are gas prices so high?
2 posted on 09/16/2003 8:00:22 AM PDT by the gillman@blacklagoon.com
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To: the gillman@blacklagoon.com
Ummm...perhaps because current supply was refined from much higher-cost oil? Give it some time, man...

Meanwhile, Dascle is deeply saddened...
4 posted on 09/16/2003 8:02:21 AM PDT by Choose Ye This Day (Moving to Turkmenistan, where all the jobs are.)
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To: the gillman@blacklagoon.com
Nigeria and Venezuela both have had major supply problems; Black outs and summer shut downs added more empty storage tanks, the system took advantage by selling at higher prices even if there was plenty of oil in the pipeline.

One day the Saudi will be wondering why we are all so happy driving the Toyota hybrid engines, it is so we can punish them. The end of the stone age did not occur because of a lcak of stones. The end of the oil age will happen before most of us die. We can dance on their grave.

5 posted on 09/16/2003 8:04:32 AM PDT by q_an_a
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To: the gillman@blacklagoon.com
There is absolutely no reason that most people in the oil industry that I have talked to, can site for the high prices. Some of them will give you bogus excuses, such as the blackout and the Arizona pipeline problem, but no legitimate explanation.

We live near two refineries where a lage portion of the oil for the west coast is refined, and yet we pay the highest prices in the state.
8 posted on 09/16/2003 8:08:13 AM PDT by Eva
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To: the gillman@blacklagoon.com
Why are gas prices so high?

And home heating oil?

20 posted on 09/16/2003 8:32:53 AM PDT by 2timothy3.16
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To: the gillman@blacklagoon.com
That's what I'd like to know?While it took only two-weeks in August for gasoline prices in The Berkshires(Western Mass)to rise 30-cents($1.53/$1.83),they have only declined by 4-cents($1.79)!Fortunately,I have two vehicles and one of them is a gas-sipper!!!
25 posted on 09/16/2003 8:38:43 AM PDT by bandleader
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To: the gillman@blacklagoon.com
Why are gas prices so high?

Greed...plain and simple.
26 posted on 09/16/2003 8:39:57 AM PDT by newcats
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To: the gillman@blacklagoon.com
Why are gas prices so high?

Short supply. The US typically only has 2 days of gas in inventory. Since it's practically impossible to build refineries due to environmental regs, its difficult to produce quickly.

When supplies get low, the major chains start hoarding forcing the price of gas up, even when crude oil is going down.

The independent station near us went out of business after the Clinton $2 days back in 1999. He says he couldn't get gas even if he paid $5 a gallon.

55 posted on 09/16/2003 9:37:09 AM PDT by <1/1,000,000th%
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To: the gillman@blacklagoon.com
Gas prices are already down $.15 from Labor Day where I am.
57 posted on 09/16/2003 9:41:02 AM PDT by July 4th
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To: the gillman@blacklagoon.com
"Why are gas prices so high?"

Because supply is only half the equation. Demand is rising as the economy recovers and transportation demand goes up.

Thursday, ( September 11th!!! ) I got bumped off a flight and had to reconfigure to get to Atlanta. A year ago, they were giving away Sept 11 tickets for 99 cents.

70 posted on 09/16/2003 10:00:00 AM PDT by cookcounty
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To: the gillman@blacklagoon.com
Gas (premium) is over $2.00 per gallon in most of Massachusetts, the highest prices ever seen here. Something doesn't make sense...
77 posted on 09/16/2003 10:28:34 AM PDT by Gargantua (Embrace clarity.)
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