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wow you guys on the west coast are getting walloped,no one in the world should pay more then a dollar fifty a gallon
No $hit. I could take a 15 min drive up the I405 and see refineries everywhere. So it's not like there's a lot of travel time to our pumps. But we still have to pay the big bucks. It's total I tell you.
i read somewhere that gas prices should go back down a little at the end of the summer this year. I guess more refineries are going to be goin online and that us consumption has actually leveled off in the past couple of years. Its the developing nations that are using more oil now. We get most of our oil from canada anyway don't we? 3.99 in the burbs of chicago and in the city its 4.25!
i read somewhere that gas prices should go back down a little at the end of the summer this year. I guess more refineries are going to be goin online and that us consumption has actually leveled off in the past couple of years. Its the developing nations that are using more oil now. We get most of our oil from canada anyway don't we? 3.99 in the burbs of chicago and in the city its 4.25!
I heard that in the past, when a new President is elected gas prices usually go down (and taxes go up ).
Here are the top 10 Importers for the US (not sure if the site meant just oil or in general):
1. Canada
2. Mexico
3. Saudi Arabia
4. Venezuela
5. Nigeria
6. Angola
7. Iraq
8. Algeria
9. United Kingdom
10. Brazil
My wife is from Venezuela, gas prices there.....drum roll 10 cents a gallon on her last trip a year ago. Supply and demand, they have more than they need for their country....and you can see their exporting position above.
My wife is from Venezuela, gas prices there.....drum roll 10 cents a gallon on her last trip a year ago. Supply and demand, they have more than they need for their country.
That's partially due to the fact that they are an exporter of oil. And I would think worse case scenerio, if the price has nearly doubled in the past year, as ours has, then they are paying a wopping 20 cents a gallon. Maybe I should just move to Canada or Venezula? Maybe then I could afford to fill up my vette!?
Gas price went up another 3.24 cents on the NYMEX market today. OPEC and the oil companies do not set gas prices, commodity future traders set gas, diesel and oil prices. Damn those hedge funds account managers and all those people in China and India that have the gull to believe they should have the same lifestyle as the Western world
I heard (now don't shoot the messenger) that the price of gas has nothing to with "Supply & Demand". It has to do with the value of the US dollar going in the toilet. Takes more cheap US dollars to buy a barrel of oil. If that is the case, what is it we or our government needs to do to bring the value of the dollar back up? I have not the foggiest idea. Anybody?
Don't forget that the Europeans pay more due to the taxes their countries have. We pay more due to the American dollar and oil companies taking advantage of whatever they can.