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![]() "Robert M. Gary" wrote in message ... On Jun 2, 10:31 am, SOS wrote: I can't see how shipping a product 8000 miles is better than shipping that same product 300 miles. I just don't get it. Tell me? How many choices do your REALLY have for gas and energy?? A little knowledge is dangerous apparently. A couple things you are not considering. First, the price for oil today is affected by the futures contracts that are outstanding on it. Second, oil is not oil. There are lots of different types of oil, some is better for different types of gas. Yes, OPEC does affect the price (which sucks) but they don't have total control in the world market. No oil company in the US is rich enough to affect the price of gas, they are price takers, not price setter. I have no idea what you mean by bringing Bush into this. The President does not set the price of oil or gas contracts. -Robert But can sure help make his friends in the middle east money by restricting production, refining, and alternatives! Refer to the 80's with the synthetic fuel exploration and experimentation caused large drop in price. |
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NW_Pilot wrote:
"Robert M. Gary" wrote in message ... On Jun 2, 10:31 am, SOS wrote: I can't see how shipping a product 8000 miles is better than shipping that same product 300 miles. I just don't get it. Tell me? How many choices do your REALLY have for gas and energy?? A little knowledge is dangerous apparently. A couple things you are not considering. First, the price for oil today is affected by the futures contracts that are outstanding on it. Second, oil is not oil. There are lots of different types of oil, some is better for different types of gas. Yes, OPEC does affect the price (which sucks) but they don't have total control in the world market. No oil company in the US is rich enough to affect the price of gas, they are price takers, not price setter. I have no idea what you mean by bringing Bush into this. The President does not set the price of oil or gas contracts. -Robert But can sure help make his friends in the middle east money by restricting production, refining, and alternatives! Refer to the 80's with the synthetic fuel exploration and experimentation caused large drop in price. The problems is we have no more refining capacity now than we did in the 80's. |
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NW_Pilot wrote:
But can sure help make his friends in the middle east money by restricting production, refining, and alternatives! Refer to the 80's with the synthetic fuel exploration and experimentation caused large drop in price. Well, other than US consumption is a minor factor in the world price, refining has nothing to do with the price of crude and alternatives for crude oil are non-existant, sure. How you explore for synthetic fuel? Break into someone's lab at night? -- Jim Pennino Remove .spam.sux to reply. |
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On Jun 2, 12:12 pm, "NW_Pilot"
wrote: "Robert M. Gary" wrote in ... On Jun 2, 10:31 am, SOS wrote: I can't see how shipping a product 8000 miles is better than shipping that same product 300 miles. I just don't get it. Tell me? How many choices do your REALLY have for gas and energy?? A little knowledge is dangerous apparently. A couple things you are not considering. First, the price for oil today is affected by the futures contracts that are outstanding on it. Second, oil is not oil. There are lots of different types of oil, some is better for different types of gas. Yes, OPEC does affect the price (which sucks) but they don't have total control in the world market. No oil company in the US is rich enough to affect the price of gas, they are price takers, not price setter. I have no idea what you mean by bringing Bush into this. The President does not set the price of oil or gas contracts. -Robert But can sure help make his friends in the middle east money by restricting production, refining, and alternatives! Refer to the 80's with the synthetic fuel exploration and experimentation caused large drop in price. First Bush gets in trouble because all he wants to do is drill. (Think ANWAR). Now he gets in trouble because he is restricting everything. I wish the anti-Bush folks would just pick a side of the fence and stay on it! The price of oil isn't controlled by Bush. There are plenty of other reasons to be dissatisfied with Bush, as with all of Congress as well. But this particular story is just bad. |
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