that is possible, we could be put into a mini recession so that the masses will want a change.

But, the biggest problem here is that, a Large conglomerate (Big BiZ) can do this without remorse and how it effects those down he food chain.

Why is it our Government (city, state, federal) can mandate price restrictions on a taxi driver for How much $Dollars$ he can charge per mile, but they wont touch Big Oil?

_ __________________________________________________________________

2.

With a stronger dollar, gas prices wouldnt be stump speech material at all.

quote:

Originally posted by We need Tom Tupa:
2.

With a stronger dollar, gas prices wouldnt be stump speech material at all.

your right there, why do you think the fed is content on the devaluation of the dollar?

the devaluated dollar actually helps overseas earnings that at this point keeping the stock market from completely collapsing.

The profitable earnings at this point are heavily influenced by our devaluated dollar and the trade imbalance with china is also decreased due to currency downgrading. China has been doing this INTENTIONALLY for years illegally manipulating and devaluating their currency in order to keep durable export profits versus our currency at a unfair advantage.

quote:

Originally posted by sevknowsbetter:
the devaluated dollar actually helps overseas earnings that at this point keeping the stock market from completely collapsing.

The profitable earnings at this point are heavily influenced by our devaluated dollar and the trade imbalance with china is also decreased due to currency downgrading. China has been doing this INTENTIONALLY for years illegally manipulating and devaluating their currency in order to keep durable export profits versus our currency at a unfair advantage.

All China has really provided for the US is to take away jobs from working Americans while feeding and Fattening up American Billionaires.

Rome is Burning? ....... If we, America had to fight a real war on multiple fronts, my thinking is on the supply side we wouldn't be able to keep up after 30 days. Due to the fact that we really dont manufacture anything in the US anymore.

I do not care that much what gas costs, as long as I can get it.

Anyone else here who sat in line in 1973 and 74 waiting 45 minutes to buy 5 or 10 gallons at the time, and driving around with less than 1/4 of a tank and seeing station after station with "No Gas" signs out front knows what I mean. My father and mother tried to feed my 4 year old ass during this time.

When the government started tinkering with price controls over domestic production to prevent the massive oil company profits, they quit pumping it, and there was a serious lack of oil and gas.

Before you ask our idiotic elected representatives to solve this problem - who seem to think that what a spoiled, overpaid bunch of athletes put into their bodies is more important than the global threats that we are facing - let me tell you that they will make it much worse before it gets better.

The refineries were shut down or cutting back because the price spread between oil prices and refined products (mainly gasoline) was too low, or in some cases, inverted, so they cut back to run the price up to a point where they could make a profit.

BLUF: If the oil companies can't make a profit drilling and pumping oil, they will stop. If they cannot make a profit refining oil or selling gasoline, they will stop. You can't really make them start again, only the market can. Tight supply, increased demand, and speculators have driven prices up, and the companies are currently making a good profit. Sometimes, they lose money. It hurts a little to pay more, but at least we have a good supply. If we do not make some changes, that may not always be the case.

quote:

Originally posted by Westside Steve:
What's your guess?

One reason that OPEC is raising the price of crude is to sway the US election.

1 to 10.
1 = No way
10 = No doubt.

WSS

I don't expect this is the case, Steve. Maybe a 1 or 2 on your scale.

They raise their price, go a great extent, because global demand keeps on rising. Americans continue to avoid any semblance of inconvenience like the plague. ME, CARPOOL? ME, ride a city bus, etc.

A moonbat I met at this wedding site happened to mention yesterday that the rising price of gas is 50% due to increased global demand and, of course, 50% solely the fault of George Bush.

Prices generally rise in vacation seasons, incrementally year by year. Just another case of increasing the heat on that frog in the boiling pay. Degree by degree, there is no problem.

Mr t We will never have to fight a "real" war with any adversary that could say directly attack our nation IE: shared nuclear delivery from roving submarines. I still suspect the U.S. has space based delivery systems and weapons in place right now anyways.

quote:

I still suspect the U.S. has space based delivery systems and weapons in place right now anyways.

The truth is out there sev my man, the truth is out there. Now I'm going to drink some soju and get wasted.

It just keeps going up and up and up and up. I don't see an end to it, we will see $4/gallon gas before the summer is over with. That's ridiculous.

DD, I understand it was much harder to get the gas during that time, however when you bog the economy with everybody putting most of their money into energy costs, not much else can move in the economy.

It's an effed up situation to be sure....

http://www.kitco.com/market/
oil 119.17 a barrel


and they are saying the bull market in oil is over unless we attack Iran


http://www.marketoracle.co.uk/Article234.html