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Summer Fun II
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Buy a scooter and a smaller boat. :smt001
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It’s interesting that so many think the US exporting petroleum is something new. We’ve always done that, even during the tight years of the 70’s. Would it make anyone feel better to know that the two countries we import the most from, Canada and Mexico, are also the two largest recipients of our petroleum exports…China actually gets very little.
Some are of the opinion the Keystone pipeline is the solution to our pump price woes but I assure you the Canadians will not be turning that spigot on/off just for us. Did you guys notice where that pipeline terminates? Yup, the Gulf of Mexico. What markets might be available to oil piped to the vicinity of a bunch of oil refineries and the Gulf shore? That pesky Global Economy/World Market thing rears it’s head again and there should be no question on what will dictate price.
Oil/energy dependence/independence isn’t just about price, it’s about the nations security, knowing we can get sufficient supply. Look at our activity in the middle east since the 70’s, remember the Carter Doctrine? Wouldn’t it be nice if we only had to deal with reliable, stable, friendly sources. The Keystone pipeline will certainly help but it is a comparatively small volume increase. I think we have to face reality, the developing economies of the world are going to be sucking up a lot of oil. We will pull out of our current slump and our demand will increase along with that of other markets. There will probably be some fluctuation but the price is going up folks.
Foss Marina Tacoma diesel $3.58, unleaded ethanol free valvtect gas $3.80 leaving for there in an hour or so first nice day in a week.
Its an election year.. of course gas prices are going to drop, the Oil Powers that Be want them to now.
Republicans generally allow for more in US drilling, and useage... oil companies would rather a higher oil price as they are still raking in record profits while we pay record prices.
What better way to 'help' a Dem prez to be re-elected than to have prices drop when they typically raise during the summer months. I'm just waiting on the Prez to claim this was somehow related to his grand scheme and claim an 'atta boy.'
So you are saying big oil is in Cahoots with the Democrats? That this industry (and presumably the Auto industry?) feels the Demcratic party represents its interests better than the Republicans?