Gas $$ Questions

[Wolfala]

Just a background question. But Say Feb 2004 the prices were a fairly normal, say $1.49 for 87 and slightly higher for 91. What was the cause for going from that to nearly double in a year or so?

Wolf

[FUNKED1]

DUH!

BOOSH!!!

[Nilsen]

Don't think there is one isolated cause, but increased demand without the same ammount of increased production sounds reasonable.

[FalconSix]

Increased demand
Continued chaos in Iraq
Nuclear crisis in Iran
Hurricane in the gulf of M.
All of the above

[beet1e]

• Expanding economies in China and India causing increased demand.
• People driving 10mpg gas guzzlers who "see no reason" to change, especially as they have convinced themselves that they "need" such vehicles as these because they're a "tradition" in their country. And anyone who doesn't agree is a "treehugger".
• One particular country has 5% of the world population, and 40% of the world's vehicles. Can you guess which one it is?

[Vulcan]

Originally posted by beet1e

• Expanding economies in China and India causing increased demand.
• People driving 10mpg gas guzzlers who "see no reason" to change, especially as they have convinced themselves that they "need" such vehicles as these because they're a "tradition" in their country. And anyone who doesn't agree is a "treehugger".
• One particular country has 5% of the world population, and 40% of the world's vehicles. Can you guess which one it is?

[/B]

<---- Looks at the average "treehugger" vehicle... usually its some decripid socialist car from 50's that does 9mpg with a large smoke cloud trailing behind it dripping large puddles of oil along the motorway.

[rabbidrabbit]

Originally posted by beet1e

• Expanding economies in China and India causing increased demand.
• People driving 10mpg gas guzzlers who "see no reason" to change, especially as they have convinced themselves that they "need" such vehicles as these because they're a "tradition" in their country. And anyone who doesn't agree is a "treehugger".
• One particular country has 5% of the world population, and 40% of the world's vehicles. Can you guess which one it is?

[/B]

don't worry beetle, one day you will grow up and be a big man!

[AWMac]

Harry Truman, Doris Day, Red China, Johnnie Ray
South Pacific, Walter Winchell, Joe DiMaggio  

Joe McCarthy, Richard Nixon, Studebaker, television
North Korea, South Korea, Marilyn Monroe

Rosenbergs, H-Bomb, Sugar Ray, Panmunjom
Brando, "The King and I", and "The Catcher in the Rye"

Eisenhower, vaccine, England's got a new queen  
Marciano, Liberace, Santayana goodbye

CHORUS
We didn't start the fire
It was always burning
Since the world's been turning
We didn't start the fire
No we didn't light it
But we tried to fight it

Josef Stalin, Malenkov, Nasser and Prokofiev
Rockefeller, Campanella, Communist Bloc

Roy Cohn, Juan Peron, Toscanini, dacron
Dien Bien Phu and "Rock Around the Clock"  

Einstein, James Dean, Brooklyn's got a winning team
Davy Crockett, "Peter Pan", Elvis Presley, Disneyland

Bardot, Budapest, Alabama, Khrushchev
Princess Grace, "Peyton Place", trouble in the Suez  

CHORUS

Little Rock, Pasternak, Mickey Mantle, Kerouac
Sputnik, Chou En-Lai, "Bridge on the River Kwai"

Lebanon, Charles de Gaulle, California baseball
Starkweather, homicide, children of thalidomide

Buddy Holly, "Ben-Hur", space monkey, Mafia
hula hoops, Castro, Edsel is a no go

U2, Syngman Rhee, payola and Kennedy
Chubby Checker, "Psycho", Belgians in the Congo  

CHORUS

Hemingway, Eichmann, "Stranger in a Strange Land"  
Dylan, Berlin, Bay of Pigs Invasion  

"Lawrence of Arabia", British Beatlemania
Ole Miss, John Glenn, Liston beats Patterson

Pope Paul, Malcolm X, British politician sex  
JFK, blown away, what else do I have to say

CHORUS

Birth control, Ho Chi Minh, Richard Nixon, back again
Moonshot, Woodstock, Watergate, punk rock  
Begin, Reagan, Palestine, terror on the airline
Ayatollolah's in Iran, Russians in Afghanistan

  "Wheel of Fortune" , Sally Ride, heavy metal, suicide
  Foreign debts, homeless vets, AIDS, Crack, Bernie Goetz  
Hypodermics on the shores, China's under martial law
Rock and Roller Cola Wars, I can't take it anymore

CHORUS

We didn't start the fire
But when we are gone
Will it still burn on, and on, and on, and on...

And that is why the price of Oil is High....

[Ripsnort]

No ones mentioned the limited number of refineries and the increased demand.

[Ripsnort]

Originally posted by beet1e
People driving 10mpg gas guzzlers who "see no reason" to change, especially as they have convinced themselves that they "need" such vehicles as these because they're a "tradition" in their country.

Doh!

[Westy]

"What was the cause for going from that to nearly double in a year or so?"

 Times are tough for the oil corporations. Their profits were almost non existant over the past year and they've been shunned by thier ex-friends in high government places.

[Ripsnort]

Originally posted by beet1e
One particular country has 5% of the world population, and 40% of the world's vehicles. Can you guess which one it is?

Germany?


(surely you would fairly use "per capita", right? I mean, if I compared the state of texas to hawaii.....)

[VOR]

Ha! Ripsnort...you and your graphs, charts, statistical data..pffft! Why can't you just blame Cheney or something like everyone else?

By the way, the price of gas in Iraq was somewhere in the 35 cent per gallon range last time I checked. Interesting, eh?

[Ripsnort]

Originally posted by Westy
"What was the cause for going from that to nearly double in a year or so?"

 Times are tough for the oil corporations. Their profits were almost non existant over the past year and they've been shunned by thier ex-friends in high government places.

Yeah, just look at the profits compared to other industries! Why, we out to boycott banks!

[Ripsnort]

Originally posted by VOR
Ha! Ripsnort...you and your graphs, charts, statistical data..pffft! Why can't you just blame Cheney or something like everyone else?