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FIB - Scams 101
Re: OT War fuel price changes
Posted By: William J In Response To: Re: OT War fuel price changes (Pete Egeler)
Date: Monday, June 2, 2008, at 10:46 a.m.(pst)
>> "Everyone blames the war(s) for fuel price hikes due to
>> consumption and demand.">> Actually, the fuel price hikes are caused NOT by "consumption and
>> demand", but by the fact that market speculators are driving the
>> price of crude upwards.Considering the fact. Everyone seems to point to finger at OPEC for high prices. They all want to blame War for high gas prices.
>> Recent figures have shown that 75% of your cost for a gallon of gas is
>> for the cost of crude. The other 25% is broken up into refining, delivery,
>> taxes, etc.If that is the case then we need to build more refineries not to mentin focusing on oil drilling.
>> Even though there appears to be an "on going investigation"
>> into the situation (possible illegal trading practices,) it's doubtful
>> that we'll ever find out what's going on.
Investigating what? It seems nothing more that political pandering. they are not going to do a stinking thing. The fact is that it is the envirementalists that are blocking efferts of constructing more refineries and more Oil drilling.>> One thing for sure.. It's putting a heck of a strain on the motoring
>> public, and independent truckers are dropping like flies. Wouldn't be
>> surprised to see a large number of smaller trucking companies going belly
>> up shortly.Chinese drivers and farmers still pay the equivalent of less than $2 a gallon. In Venezuela, gas is 12 cents a gallon to fill your tank. It tells you something that countries that drill for their own oil and refine it have cheaper fuel prices.
William
Are you thinking of health or Survival?
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