Mass market gas price hysteria- $12 a gallon gas

[ctenidae]

Originally Posted by Moe Ghoul

Looks like oil/gas is waiting for the next headline to take it up or down. Global recession fears= lower prices. Weather, inventories and geopolitics (the usual suspects ) =higher prices.

Inventories and politics concern me a lot more than recession. With refineries running at 97% capacity globally, there's not much slack for diruptions of any kind.

[deadheadskier]

Originally Posted by ctenidae

Inventories and politics concern me a lot more than recession. With refineries running at 97% capacity globally, there's not much slack for diruptions of any kind.

about the only thing I would support in terms of Federal hand outs to oil companies is for new refinery development.

[ctenidae]

Originally Posted by deadheadskier

about the only thing I would support in terms of Federal hand outs to oil companies is for new refinery development.

Over the past 25 years, 1 premit for a new refinery has been submitted. The economics are brutal- margins are on the order of 5-10 cents per gallon, demand and suplpy are volatile, lots of problems.

Trouble is, new refineries would help, if there were extra crude to run through them, and there's not.

[bigbog]

So what are the true Conditions that are leading to higher, runaway prices eh'?? ..and who is controlling these conditions..?
Sure wish the mass media would take the plunge and do a little reporting...instead of chearleading..(personal)

Consider:
1) Big oil person becomes President. (Candidate is not questioned by Mass Media on issues prior to election, cleanly?? won)
2) President's country makes new enemies via President's policies/threats/control-of-mass-media.
3) Enemies of US produce threats to oil supply(pipelines, shipping security...etc).
4) Threats to oil supply fuel speculation on Wall Street.
5) Speculation on WallStreet produces high, runaway prices.
Question #1 of the day:
*Will President/Washington attempt to destroy R&D Incentives towards development of alternative energy for various sectors of life for public?, thus making public prisoners to Big Oil's whims?
Question #2 of the day:
*Does the Administration want to decrease world tensions, thus bringing about lower risk to oil supply, thus lowering speculation on Wall Street?
Answer to #1 and #2:
Stay Tuned.... ???

>Over the past 25 years, 1 premit for a new refinery has been submitted. The economics are brutal- margins are on the order of 5-10 cents >per gallon, demand and suplpy are volatile, lots of problems.
Lots of greed! in energy..with noone to guard the chicken coop.
Total Capitalism.....Dubya' loves it!

[ctenidae]

Originally Posted by bigbog

Question of the day:
*Will President/Washington attempt to destroy R&D Incentives towards development of alternative energy for various sectors of life for public?, thus making public prisoners to Big Oil's whims?
Answer:
Stay Tuned....

We already are prisoners to oil, and Big Oil and Washington had little to do with that. Our captivity started around October 1, 1908, and in large part grew by our own choices.

[Warp Daddy]

all of which begs the question: ------------------------ ITs TIME for Change

[Moe Ghoul]

Single major reason for high commodity prices. Too much money being printed. Everyone's running around playing the blame game and the problem lies with Congress and the Fed, and a vetoless WH.

[deadheadskier]

Station in town that was selling gas just the other day for $3.97 was $3.84 today. steezy......

[ctenidae]

Originally Posted by Moe Ghoul

Single major reason for high commodity prices. Too much money being printed. Everyone's running around playing the blame game and the problem lies with Congress and the Fed, and a vetoless WH.

Graphing oil prices in USD vs EUR yields some interesting info, especially if you overlay the FX rates.

Is there a way to post a non-hosted excel chart?

[wa-loaf]

Originally Posted by ctenidae

Graphing oil prices in USD vs EUR yields some interesting info, especially if you overlay the FX rates.

Is there a way to post a non-hosted excel chart?

Just take a screenshot and post the image.