Why gas prices are crazy.

[ff_jeff]

I Started this thread in response to the price per fill up thread.
-------The only reason Gasoline high is because OPEC felt like raising the price on us... Opec says its because they cut production of crude and the demand went up. Also the war. So they upped our cost which now makes up 70% of the cost at the pump. Read this Frequently Asked Questions About Gas Prices click on why gas prices are high and look around... OPEC Makes the price of the crude, And isn't it weird that Bush invaded a major oil producing region and suddenly the prices went up? At the same time OPEC decides that they should cut production of crude, as some sort of experiment. Oh and don't forget that Halliburton, Saudi Arabia, OPEC, Bush admin, and the Iraq effing war are all tied together.
--------They tried to impeach Clinton for getting a BJ and lying about it. Nixon for the Watergate scandal. Bush is responsible for over 3000+ soldiers dead, 150,000+ Iraqi's dead (they are not all bad). Tied closely to those responsible to 9/11 events. Thousands of Afghan deaths. Restarting the holy war. Cheating not 1 but 2 elections. Letting Halliburton way over charge us taxpayers. Caused oil to more than double in price in 4 years. and killing the economy. I know I'm not the only person who has their eyes open. People have to see the truth. Why do people just turn the other way, or try to justify what is happening?
------- There is an old saying... if you throw a frog in boiling water, he will jump out. Put him in warm water and slowly heat it up, the frog cant tell the difference, and will die. As corny as it sounds, We are the frog and the water is the situation. Bush and the government are the effing flame!!!
-------Yes he will be out of office soon, but the government is still so corrupt that I think ,as many others do also, that it will only get worse.
I think its time for change.
sorry so long.
-------Please don't reply with b.s. or nonsense. I just want people to read this and take it in.

[SLO TRUCK]

those are all good points but what is griping about it going to do?

[COWL327]

What is really bad is that the canidates for the upcoming election arent saying crap about oil prices!The people that can help us are not effected by high gas prices,our politicians do not live in the same world we do and are completley isolated from the real world of working class people.Its going to come to the point where people will be car jacked after a fill up or you will be shot or stabbed for the gas in your tank.When the criminals cant afford everyday things....they take from the public! It was just 15 years ago that a kid was killed for his new shoes....will we be killed for a tank of gas!

[Kros383SS]

You can also thank the people on Wall Street, its not really about supply and demand its more about MARKET SPECUALTION which in turn drives up the good ole price of oil. I read some long winded article about this, might have to find this and post it.
Yep thats whats happens when you have an oil man as the President.

But I gotta believe that it has to come down sooner or later if not the economy will go right down the gutter.

Guess I'll do what everyone else does when they fill up....

[ff_jeff]

those are all good points but what is griping about it going to do?

Not griping. Allot of people just dont know this stuff. If guys like me didnt speak up, we would still be under british rule.

[Chevy366]

Quote from a Consumer Analyst :
"There is no reason why oil prices should be above $60," Gheit said, noting that domestic
crude supplies are at average levels, and that refineries are cutting gasoline production
as high prices cut consumer demand for fuel.
"The physical supplies do not justify the price, it just doesn't make sense."

I have a trading account and the quote was taken from the news on there , so not everyone see this news or should I say no one wants to report this Analyst view .

Commodity Traders like foreign Investors (foreign Investors are buying because of weak Dollar) , Al Qeada , Taliban , other Terrrorist groups etc........ , keep driving the price up .
(SARCASM) It is our fault , the American people keep buying and buying gasoline to get to and from work , Oil companies have no alternative but to accept all the money we keep throwing at them .

[567234ta]

same **** different decade

[Chevy-Art]

Crude prices are driven by speculators. The century mark was broken by a single trader, who bought a thousand barrels, the smallest amount permitted. He sold it immediately for $99.40, at a $600 loss. Said Stephen Schork, a former floor trader on the New York Mercantile Exchange and the editor of an oil market newsletter: "He paid $600 for the right to tell his grandchildren that he was the first in the world to buy $100 oil."
Here is more of what we need; build new refineries, nuclear power, gain energy independence, stop being beholden to the enviromentalist, and stop listening to al gore!
Arctic Power - Arctic National Wildlife Refuge - Home

Here is what Limbaugh says:
We've been getting the blame for it! Yet we've cut our production in half. And you can see one of the results of this is the price that we're all paying for this stuff, oil-related products today. At the same time -- now, this is going to really frost you -- while in the last 23 years we have cut our production in half, the government has put billions of barrels of domestic oil and natural gas off limits to domestic exploration. According to federal government estimates, there is enough oil in the areas that are now placed off limits, 112 billion barrels to power more than 60 million cars for 60 years without importing a drop. It's off limits. The government, because of the environmentalists. So we're not producing this. We're not getting this. We've cut our own actual production in half in 25 years, and they still blame us for destroying the planet. We keep hearing about ANWR.

Had President Clinton not vetoed exploration in ANWR in 1995 -- oil was $19 a barrel in 1995 -- America would currently be receiving over a million barrels a day from Alaska. Experts estimate that ANWR contains 5.6 to 16 billion barrels of recoverable oil. Okay, now at $123 a barrel -- and, by the way, ten years ago they said, "Well, it will take ten years to get the first drop. We can't do it." It's been ten years or more. We'd have had it, it would be online. Now they say, "It would be ten years if we start. We can't count on that." There are people, elected officials -- Democrats and some Republicans and entire members of the leftist environmentalist wacko organization -- who don't want this country to be energy sufficient and independent. The environmental movement in this country is largely comprised of -- the militant and wacko realm of it, consists of -- displaced communists and socialists who want this country down to size because it's not fair to everybody.

The Outer Continental Shelf in the United States contains over 44 billion barrels of oil, and 232 trillion cubic feet of natural gas. Eighty-five percent of the outer continental shelf is off limits to domestic exploration. Can I put it to you another way? Forty-four billion barrels of oil and 232 trillion cubic feet of natural gas are out there just off the coast, and 85% of it is off limits to domestic production. Yet we have this whining and moaning about dependence on foreign oil, and the resulting price increase. In the Gulf of Mexico, there is enough natural gas to heat 60 million homes for another 160 years. Can you imagine that quantity? Sixty million homes for another 160 years! However, more than 85% of the coastal waters adjacent to the lower 48 states -- which extend up 200 miles from our shores -- are off limits to oil exploration. You can't get the natural gas if you don't get the oil. It's a by-product.
Sorry about the length.

[MunsonAuto]

Hopefully when that stupid bush guy gets out of office one of the new comers will make this **** right.
Why the hell don't we re-open the oil pumps and refineries out west, you know, the ones they show in the movies, lol. oh yeah, the stupid hippies that think our tiny ass existence as humans with our cars has somehow hurt this gigantic earth and what it's been through don't want the noise of some bull****. We also need to start drilling in the AK and depend on ourselves rather than these stupid other countries.
And our government thinks these stimulus checks are going to help our economy, bull****. they're all going to bills and gas. Lower the goddamn gas prices if you want the economy back up you stupid pricks.
where the eff is this country going.....
sorry for the rant guys and gals.

[RedHeartbeat]

I hate to say it but what they need to do is cut off all oil/petroleum import off to the state of California and see what they say about it. Shut the valves off of the huge gasoline and natural gas pipelines running into to Cali. Outlaw 18 wheelers in Cali. Won't be no time before they cry to start building refineries and drilling onshore and offshore. Treehuggers won't be able to drive to their rallies and sit-ins. Telecommunications will stop when service vehicles can't get around to make repairs to down equipment. Bleeding hearts don't understand that we are 100% dependant on something they have caused issues with.

BTW Chicken Little, the sky isn't falling. Thats crap from birds, the last thing still able to fly in your state since petroleum can't be brought in to keep airplanes flying.