Gas prices - 259 a gallon - it's awful...nm

• crosses - tuesday's child
  • trashing crosses???> - gt
    • Gas prices - 259 a gallon - it's awful...nm - Democrat
      • oil prices - gt
        • The 259 is the cheap stuff, what I use most times. - Democrat
          • That should be "treats from Argentina's president not to ship oil..."nm - Democrat

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I was talking with a friend who is a field consultant in the oil industry.  He said that it is very possible that OPEC has plans to terminate the US contract on or about March 14 in which the US gets the lion's share of OPEC oil.  He said what will happen is that instead of the US getting the largest supply of foreign oil, that oil will now be distributed to European countries who have gotten only the "leftovers" in the past and will now leave the US to get the "leftovers."  This, combined with decreased domestic drilling, will create higher oil and gas prices in the US. 

He has been out of work since long before Christmas and is now looking at the very real possibility of having to relocate his family to Saudi in order to make a living.  He and his wife are not wanting to take this route, but with the jobs drying up here, it may be his only alternative if he wishes to remain in the oil industry which is the only work he has ever done. 

There is a pipe yard located about 30 miles from here in which there are a lot of drilling towers just sitting on the yard, and that is only one of many such yards in the area. 

So get ready to either pay through the nose for gas or buy a horse and buggy!

I was talking with a friend who is a field consultant in the oil industry.  He said that it is very possible that OPEC has plans to terminate the US contract on or about March 14 in which the US gets the lion's share of OPEC oil.  He said what will happen is that instead of the US getting the largest supply of foreign oil, that oil will now be distributed to European countries who have gotten only the "leftovers" in the past and will now leave the US to get the "leftovers."  This, combined with decreased domestic drilling, will create higher oil and gas prices in the US. 

He has been out of work since long before Christmas and is now looking at the very real possibility of having to relocate his family to Saudi in order to make a living.  He and his wife are not wanting to take this route, but with the jobs drying up here, it may be his only alternative if he wishes to remain in the oil industry which is the only work he has ever done. 

There is a pipe yard located about 30 miles from here in which there are a lot of drilling towers just sitting on the yard, and that is only one of many such yards in the area. 

So get ready to either pay through the nose for gas or buy a horse and buggy!

And how is this going to affect the price of heating oil?  Fall/winter isn't far off, and people who need to heat their homes are going to be affected.  Some people would apparently rather let their children literally freeze to death before accepting assistance from someone like Chavez.  (Reminds me so much of the effect Jim Jones and David Koresh had on their followers.)

Those who believe they represent the middle class in America, I believe, are in for a rude awakening.  The rich are definitely getting richer, and the poor and middle class are getting poorer.  Soon we will be a nation merely of those who are rich and those who are poor, poorer and poorest.

If Chrysler ends up filing bankruptcy and has to liquidate, will the prices of the new cars go down or will everything just continue on, business as usual as far as we are concerned? 

I am in the process of looking at a convertible Sebring and am now wondering if maybe I should wait an extra month and see what kind of deal I can get... 

If Chrysler ends up filing bankruptcy and has to liquidate, will the prices of the new cars go down or will everything just continue on, business as usual as far as we are concerned? 

I am in the process of looking at a convertible Sebring and am now wondering if maybe I should wait an extra month and see what kind of deal I can get... 

You are the one who tried to make this windfall tax profit thing an issue.  Over the past few days, your posts accusing Obama of being a Marxist/socialist black liberationist theologian have been effectively challenged by alternative viewpoints of "windfall tax," "rebate," and "black liberation theology."   The right-wingers and media are constantly pushing for "immediate/emergency" relief from the high price of gas.  We debate the pros and cons of McCain's tax holiday/offshore drilling versus Obama's tax rebate funded by an "emergency" excise tax and his other longer-term initiatives, particularly in view of the fact that in a time when we are paying record-shattering prices for gas, Exxon is posting record-shattering profits. 

There is nothing evil about recognizing that there is something wrong with this picture and that the oil companies should bear some responsibility in the consequences we all pay for their greed.  Rebate coupons, schemes and incentives are as American as apple pie.  We are forced to stuff their pockets with these obscene profits in the absence of price regulation.  It is not too much to ask that they come out from behind their curtain of corruption once in a blue moon and show some appreciation to the consumers whose hard-earned money "trickles up" to the wealthiest among us.  BTW, the CEOs did exactly what to earn this "windfall?"

Maybe you are not feeling the same pinch the rest of us are dealing with.  When some of our fellow citizens are making decisions between paying for their obscenely priced medications versus their obscenely priced food versus their obscenely priced housing versus their obscenely priced gas with their stagnant wages, or worse still, their unemployment checks because their jobs are the latest ones to bite the dust and be shipped overseas and the $60 that it takes to fill their tanks to make a thorough job search is  prolonging their misery and that of their families, it is reasonable that we might consider all the possible alternatives to address this problem.  An energy rebate is a good idea for those of us who are not bent on bashing Obama 24/7 and I suspect most of us could care less where it is coming from. 

Read, listen, and weep.  Right from his own mouth.  He now states this 2 days before election.  No wonder he wanted earlier voters.  He did say he needs to kill people's expectations if him being president.  No kidding.  Sorry you ya, I will be blaming the one's who vote for O for this.  This guy is CRAZY.  He FREAKS ME OUT.  There is something not right with him and this whole picture and his motive.  He says that is why we should have energy efficient lightbulbs and efficient appliances to help with the skyrocket of electricity?    

http://hotair.com/archives/2008/11/02/obama-ill-make-energy-prices-skyrocket/

http://blog.topicaltopics.net/2008/11/obama-says-electricity-rates-would-skyrocket/

http://www.poligazette.com/2008/11/02/obama-ill-cause-energy-prices-to-skyrocket/

The government should have made absolutely sure our soldiers' votes were here on time and if not, dammit, we should postpone the election until they do.  They are leaving their families and risking their lives to protect this country and they don't even get a vote on who runs it?? That has me fuming mad!!!!!!!