gas prices, take 2 |
|
Porsche, and the Porsche crest are registered trademarks of Dr. Ing. h.c. F. Porsche AG.
This site is not affiliated with Porsche in any way. Its only purpose is to provide an online forum for car enthusiasts. All other trademarks are property of their respective owners. |
|
gas prices, take 2 |
scotty914 |
Aug 29 2005, 02:39 PM
Post
#1
|
suby torque rules Group: Members Posts: 1,528 Joined: 20-July 03 From: maryland, the land of 25 year Member No.: 924 |
okay with the hurrican i have been watching a lot of fox news. according to opec they will pump more oil to help. here is the crazy part opec is going to hold a meeting next month to figure out why gas prices are as high as they are, they stated the opec pumps and sells the oil at 12 per barrel.
so who ever is buying the oil at 12 per barrel is marking it up to a current price of 67 a barrel, i wonder if this is along the lines of enron, artificially marking up the oil. i have read a few things lately about oil wells, some thing like 70 % of the wells that were dry 10 to 20 years ago now have oil in them again, and but that they mean full flow pumping, not partial. right now there is a 55 billion gallon oil surpluse ( just heard it ) in storage in this country. |
Howard |
Aug 29 2005, 04:44 PM
Post
#2
|
Incontin(g)ent Member Group: Benefactors Posts: 5,785 Joined: 24-July 03 From: Westlake Village, CA Member No.: 943 Region Association: None |
Just wondering... Did my early Sunday AM canyon tour. Filled up with 91 (top grade in CA) @ $2.97 gal. While there, noticed 2 families with vans towing big HP ski boats. Didn't wait around after my 11 gallon stop, but they had to be spending some serious $$ to fill all that for a day of fun in the sun.
What price will it take to stop us??? And thanks for the stats, lapuwali. Helps to see it that way. |
Lo-Fi Version | Time is now: 20th October 2024 - 06:27 AM |
All rights reserved 914World.com © since 2002 |
914World.com is the fastest growing online 914 community! We have it all, classifieds, events, forums, vendors, parts, autocross, racing, technical articles, events calendar, newsletter, restoration, gallery, archives, history and more for your Porsche 914 ... |