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The Price Of Oil - Page 16

GAS PRICES FALL, BUT LOOK OUT

Gas prices fell 2 cents over the past two weeks, to a national average of $2.79 per gallon of self-serve regular, according to a survey published Sunday.
Ref. https://www.cnn.com/money/2007/09/23/news/e...rices/index.htm

Oil Price The

The law of supply and demand always has and always will determine the price of anything, except where government is involved. The taxes that local, state, and federal government, charges makes them very much involved.

Back to supply and demand. We may run out of oil someday, but right now there is enough oil available from pumps around the world. So supply has very little to do with the price. Why is our price dropping now? Children are back in school. It's just that simple no matter what Trilby Lundberg says. Children go back to school, vacations are over, and summer travel is no more for 9 months. Demand has gone down and so has the price.

But be patient Trilby, the price will start to climb again next April, so it will be a little higher than last year by June. Don't believe me? Watch and see.

The Price Of Oil History & Civil Business Politics

Maybe gasoline prices have fallen, but the price of oil is riding high! It hit $82 a barrel last week.
https://www.reuters.com/

Page 16 Oil Price The

And the price of gasoline will wander up and down (mostly down) until school vacation draws near next spring.

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OIL HITS YET ANOTHER RECORD

Crude oil prices set a new record, topping $86 US a barrel in Monday trading as geopolitical tensions and worries of supply shortages sent futures soaring.
Ref. https://www.cbc.ca/story/money/national/2007/10/15/oil.html

The Price Of Oil

Be sure to keep an eye on the price of gasoline in the USA. It will not rise enough to worry about until next spring. A month, or two, before summer vacation season it will start to rise and continue to rise through mid-summer. The oil companies want all they can get when people will pay any price to go on vacation. It happens every summer.

The Price Oil - Page 16

Oil prices increase based on war. Small oil countries are happy for it because it means more money for their budget, actually more than they expected from just a few years back. Based on that I am sure there are lots of wars and instigators of war to keep things expensive - one vicious cycle.

The Price Oil Politics Business Civil & History - Page 16

As I have said before, if I owned stock in an oil company I would want all the profit the law of supply and demand allows. I just get very tired of being lied to about the price of gasoline. The Exxon Valdez incident in Alaska viewed from space was not even a gnat on an elephants backside, but the oil companies blamed the rise in oil prices on one oil spill. ROAD APPLES! The oil was spilled on March 14, two months before the vacation driving season in the US. They needed an excuse to start raising the price of gasoline for the summer.

As far as wars being started to keep the price high, that's what all the Bush haters said when the middle east war started. Sorry, the fight is over the free flow of oil. Before the conflict broke open the price on the stock market went up raised by worry worts afraid there would be less supply. When the war started and the free flow of oil was assured the price of gasoline dropped like a rock.

I want you to consider something. The United States of America is always first on the scene of a major earthquake, or a tsunami, to bring food, shelter, and medical help to the survivors. We in America give more out of our pockets to help people around the world than any other country. We also have a long history of freeing the oppressed and letting them govern themselves when they are capable I.e. Germany, Japan, Afganistan, and hopefully someday Iraq. This is accomplished with the fastest, most powerful military in history. That military runs on oil, diesel, gasoline, and jet fuel, but sit and ponder for several long moments what would happen to the world and who would quickly take over if our military ran out of oil. What would happen to Turkey, Afganistan, Iraq, Dubai, Egypt, and Israel? Who would take over? Russia, Iran, China? Who would be running Trinidad in 10 years when your children are growing up? That is what the free flow of oil is really all about.