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FIB - Scams 101

Re: OT War fuel price changes

Posted By: Jim G
Date: Monday, June 2, 2008, at 11:52 a.m.(pst)

In Response To: Re: OT War fuel price changes (William J)

>> Considering the fact. Everyone seems to point to finger at OPEC for
>> high prices. They all want to blame War for high gas prices.

And there are people who like to use the word “blame”…rather inappropriately. What happened involving the oil producing countries in the 70s is a FACT. And those happenings led to the increase in crude oil prices. Nobody said they're the only reasons.

The consumer in the USA got comfortable having it both ways: no oil drilling on our land – AND bargain prices at the pump. Looks like somebody will have to start reading the handwriting on the wall…and start producing fuel at home.

Of course, that isn’t likely to help, since good old American Greed would drive the prices up anyway. Unless competition worked to bring back those old fashion "gas wars" that drove the price of a gallon of gas DOWN. Doubtful we'll see that again. Went the way of penny candy.

Best to keep your bike is in good repair.

Share the road:o)

>> If that is the case then we need to build more refineries not to
>> mentin focusing on oil drilling.
>> 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.

>> 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

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