Just a theory I have on the cost of oil and gas prices being high.

I have no proof and thus this is a theory. Discounting the oil companies making some more money, there are a few reasons, in my opinion, of why prices are higher.

First and most important is that higher gas prices will possible cause harm to President Bush being re-elected. Who, beside liberals do not want to see President Bush re-elected?

Leaders of the Middle East where we buy some of our oil do NOT want to see President Bush re-elected. Why? Simple, they do NOT want to change their way of life and ruling over the people. They do NOT want a democratic government that is very well possible once the Iraq mission is successfully completed.

Once Iraq is a democratic country (maybe not like ours but more so then over hundreds of years in Middle East) it will be most likely spread through the whole region.

So what not better way of “trying” to insure that the one man, President Bush, who may ruin the life’s of a very few for the greater good of millions of others, does not get re-elected by causing angry citizens because of higher gas prices.

There are other reasons as well, mostly related to environmental wackos and not allowing any new refiners to be built in approx. the last 20 years, but this one about the Middle East is the one I believe is the most important one in play now.

Just something to think about and see what happens WHEN President Bush gets re-elected. I bet the prices come down after the election…

 

Could the high price of gas also be the result of the US oil companies not having built a new refinery in almost 25-30 years. We can get billions of gallons of crude, and if we cannot process it quick enough, what good does it do us? Less gasoline being produced=higher gas prices. Supply and Demand. Higher gas prices = higher profits.

 

Hmmmm? Why is it, when the barrel price goes up, the pump prices go up instantly; and when barrel prices drop, it takes half of forever to drop fractionally at the pumps?

Just be thank-full you don't live in Canada (like me). 78.9 cents (CDN) a liter (about 2.50 USD a gallon).

Proudly driving two fuel efficient Ford V8's

 

I don't understand supply and demand when applied to gasoline. People are going to buy gas regardless. Demand will not change, and if it does it won't be much. Our society is built around the automobile. I could see if gasoline was a luxury, and the supply dropped, prices could go up, but the way I see it here, all supply and demand means is that someone is getting rich...

 

I believe this to be correct. I believe that last refinery was built in 1976. In 1980 there were 300 refineries in the US....today there is less than half of that.

 

The only thing wrong with your theory (and it's VERY wrong) is that all the oil comanies are in the Bushie's pockets, so why would they want to see him defeated? They've got a blank check for however they want to hose us.

I am not a liberal, and I wouldn't vote for Bush for ANY reason!

And that's the name of that tune!

 

A big part of why gas prices vary is air quality requirements.

There are several different 'blends', and your region may be required to use a specific blend for air quality reason. If there is a shortage of your blend, the price goes up big time.

If the nation's gas was standardized, suppliers could move the supply to wherever the demand was. That is not legal to do now, as your gas is probably 'illegal' where I live and vice versa.

 

Can we nominate this to the dilbert "sayings of induhviduals" list?

runnert

 

 

Burt, I love you to death (in a manly kind of way) but that's the most paranoid pile of crap I have read all year.
OPEC have finally wised up and worked out that IF they can stick together and not stiff each other ALL the time, then they can keep the price high for everybody, all the time.
It's a simple case of supply and demand.
Of course, we shouldn't be beholden to the greasy little crooks and it should be everyones patriotic duty to exploit national oil reserves thus giving cheap gas to you and a much bigger salary to oil industry workers. Like me

 

And that's the name of that tune!

Sorry, Robert Blake, In the "Barretta" TV cop show beat me to it.

 

Burt, I would have to say I dont believe in world conspiracies to get rid of Dubwa.

It is simply a case of supply and demand. Most notably on OPECs part. They will not increase production, even though Bush has asked, and there for keeping the barrel price high. They have been enjoying the finacial benefits of these high prices and dont want to give up those profits. They call a dollar a barrel price drop a loss even though they are still making money hand over foot.

English Adam is right. We need to start drilling more at home where we have some major reserves and quit sending all our dollars to the Saudi, and open more fields here so englishadam can bennifit.

Sled...

 

Not true. IF they were in his pocket he would be lowering the price of gas to get re-elected, don't you think?



Ahh, and now we have the rest of the story. So true. I know the major cities like Atlanta must use "oxygenated" gas to help with the air quality. This increases the price of a gallon of gas. My theory is the government is trying to kill the big SUV market and get people to start driving economy cars again. IT helps ALOT with the air quality in the major cities.

 

Friends…

I think you took my post wrong. I am by no means suggesting some kind of conspiracy. It was just something I wanted to throw out there on a boring day to see what others might think, and perhaps rile up a few liberals in the wake…

However a few of you hit the nail on the head. There have been no refineries built in approx. the last 20 years (thanks environmental wackos) and all these different cities requiring different blends of fuel (again thank you environmental wackos) and thus the high prices.

In other words Algore and his group, including Kerry, are directly responsible for the higher prices we pay today…

And NO the oil companies are NOT in the pocket of President Bush or as Frank stated he would have them lower the prices to insure re-election. President Bush already is responsible for a growing and off to an outstanding start economy, he is responsible for a war on terror that is going outstanding by all measures (expect as the liberals portray with their misguided theories and stories) so the only other thing that is not so good right now, but really not all that bad is gas prices.

Someone mentioned something about gas prices not having anything to do with supply and demand. Sorry my friend but supply and demand are DIRECTLY related to high or low prices of fuel. In the winter when demand is high and supply is low prices go up. In the summer when demand goes down (winter heating) prices tend to go down except in the beginning of summer when some try to make some extra money at the beginning of “driving” season.

Demand is ALWAYS higher in the winter months because people drive just about as much as they do in the summer but the also HAVE to heat their homes which puts a strain of supply. Along with Algore, Kerry and friends they have insured we can NOT drill where needed in America, they have insured we can NOT add more refineries, and they also insured that there is plenty of BS different formations of fuel needed in many different cities to tie up the badly needed refineries.

So, the next time you see a tree huger thank them for higher fuel prices…

 

And Refinery workers like me.

Hate to bust Burts Bubble, but the oil companies want to get the price of gas to $2.50 a gallon. Then when they drop it to $2.00 a gallon, everybody will think they are getting a bargin.

Btw......I just bought 10 gallons today for $50.00
And thats a bargin for CAM2 104