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GET READY FOR $4 GASOLINE With gas - Page 13 - Politics, Business, Civil, History - Posted: 8th May, 2007 - 12:07pm
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Gas Prices Go Up and Up and Up - Global Fuel - A lot of North Americans complain about the high price of Gasoline, but did you know that North Americans pay less than many other developed nations for Oil and Gas?Sponsored Links:
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It has risen significantly here too since last week, we've been told that it's due to the current contentions between Iran and Britain, with the problem that arose last week with the taking of 15 British men as hostages in Iran.
We've been told to expect further price hikes.
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Post Date: 31st Mar, 2007 - 10:52am / Post ID: #
NOTE: News [?]
The Price Of Oil History & Civil Business Politics
BEHIND HIGH OIL AND GAS PRICES
All this week, the big factor behind rising oil prices has been the standoff between Britain and Iran over the fate of 15 British sailors seized by Iran in the Persian Gulf on March 23. But the steadily heightening tensions - British Prime minister Tony Blair now intends to take the matter to the UN Security Council - has camouflaged another factor likely to make this another long hot summer for American drivers even if the crisis is resolved and the sailors are eventually released.
Ref. money.cnn.com/2007/03/30/news/international/pluggedin_schwartz_iran.fortune/index.htm
Page 13 Oil Price The
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| f all that weren't enough to bolster prices, demand for crude oil from the United States has actually been depressed in recent weeks by the current round of refinery downtime and maintenance now underway as oil companies shift refinery production from heating oil to gasoline. "There's about 25 percent more maintenance going on than we thought," says Morse. As those refineries come back online in April and May, he says, U.S. demand for crude oil will jump by roughly 2 million barrels a day. |
Not only refinery maintenance, but I believe it's been posted before that our refineries are limited which boosts prices due to lack of capacity. No new refinereies have been built in the past 20 years, and several places in the Katrina-ravaged areas of the Gulf coast are still offline.
It's going to be a long, hot (expensive) summer.
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Post Date: 27th Apr, 2007 - 1:43pm / Post ID: #
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WATCH OUT: HERE COMES $4 GASOLINE
Gasoline prices, already above $3 a gallon in some states, could charge higher this summer and hit $4 a gallon in some locations, according to one industry expert.
Ref. https://money.cnn.com/2007/04/26/news/econo...rices/index.htm
The Price Of Oil
If you think gas prices are taking you out of a customary living style then you can always choose to go to one of these countries:
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| WHERE GASOLINE IS CHEAP In Saudi Arabia gasoline costs about 45 cents a gallon. In Iran it's 33 cents. Venezuelans pay less than a quarter. Ref. https://money.cnn.com/2007/05/04/news/econo...emand/index.htm |
As an alternative there is the bicycle, motorbike, diesel vehicles, and public transportation.
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The Price Oil - Page 13
Locally gas is up to $3.53 for regular unleaded, higher at some stations, lower at others, but I think this is a good average.
| Rather off topic, but... Yesterday, I traded in my 7-year-old, 6-cyl car, which was getting only 17-19 mpg, for a 4-cyl, 5-speed manual transmission. My mpg should double. |
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Post Date: 8th May, 2007 - 12:07pm / Post ID: #
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The Price Oil Politics Business Civil & History - Page 13
GET READY FOR $4 GASOLINE
With gas prices near record highs, experts say $4-a-gallon gasoline is just
around the corner.
Ref. https://money.cnn.com/2007/05/07/news/econo...rices/index.htm
TOPIC: The Price Of Oil