gas prices, take 2 |
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gas prices, take 2 |
scotty914 |
Aug 29 2005, 02:39 PM
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#1
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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. |
cooltimes |
Aug 30 2005, 05:17 PM
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#2
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Advanced Member Group: Members Posts: 2,508 Joined: 18-May 04 Member No.: 2,081 Region Association: None |
When nobody has any money left after buying a tank full of that "adjusted for inflation" gas unless you buy some of those shares talked about up the page. Can imagine how the folks along the coast havoc cotton to these ideas.
Corporate managers tact spilling like the Valdez on here. If you work for hourly wages, hit the streets as Americans wanting a piece of the American pie too. Do it all together, tomorrow, in UNION fashion demanding wages based on hourly "adjusted for inflation, inflated gas" prices. Work both ways you should know. Your families needs to eat too, not to mention other essentials like affordable shelter. |
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