very good points. There are a number of problems with the pricing of
oil, and the oil companies do in fact have little or nothing to do
with it. I hear idealess liberals claiming that conservatives are
controlling the price to help win elections, if that was the case it
would be down to $.50 a gallon now.
Here is the irony, California doesn't get any of its oil from Opec
nations, it comes from California, Alaska and Canada, but we have
pretty much the highest price per gallon in the country. The price
will jump here $.10 a gallon the minute the price of oil
changes. But we have this lame thing with "seasonal blends" where
the swap out the gas a few times a year to supposedly reduce
polition, first they were putting in MTCB's, then found out that
instead of cleaning the air, it was polluting the ground, so now
we're going to add the even more expensive Ethanol. There are 30 to
40 different blends in the country and you can't swap between
regions, I think this is one of the largest contributors to price
problems. You could probably drop another $.50 a gallon if you got
rid of all the regional and seasonal blends.
At 01:23 PM 10/11/2006, Joseph Cuddihy wrote:
>Please come up with a better argument. The commodity market is making
>boatloads of money. I didn't know Peru was in Iraq also. Is DR Horton in
>Iraq also they where making a ton of money. Why go all the way to Iraq to
>get oil, lets invade Canada, we've been dying to do that since the 1780's.
>Lets dig up Aaron Burr and Hamilton, they will lead the charge. Lets
>invade Mexico they have oil although they are runnng out, wait till that
>happens you think we have a border problem now. The price of oil is driven
>by the market what is available and who is paying for it. High fuel
>charges is a monetary problem. Since the Dollar is worthless it takes more
>of them to buy something on the world market. The argument that China and
>India are using more is true but not the full reason. Back in the late
>90's China and India economy was growing at a faster pace then they are
>now and oil was around $22 a barrel. But as Greenspan was lowering intrest
>rates to move the US economy he was cheapening the dollar, hence it took
>more dollars to purchase on the world market. If you live in Cali and I
>ask Shawn to confirm, isn't cali mandates to get the lowest sulphur
>content fuel to refine? Which I think limits Cali getting there Crude from
>Nigeria which has the lightest sweetest crude around. This is teh same
>Nigeria which is kidnapping workers and has citizens tapping into the
>pipeline with drills to steal oil. If oil runs low because the pipeline
>explodes guess who pays more.
>
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Regards,
Shawn Gordon
President
theKompany.com
www.thekompany.com
www.mindawn.com
949-713-3276
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