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Thursday, 29 March 2012


Tom Glennon
So, I called the police to report a robbery at my local gas station. The dispatcher asked if I could identify the thief. I said yes, it was Pump #4.
Nancy Pelosi is such a liar! "Supply-and-demand"...it's that simple. If you choke off the supply--as the democrats (including "environmentalists") are currently doing--then the price goes up. "What actions could help lower gas prices? Again, let’s go back to the economics of supply and demand that govern the crude oil market, since it’s the largest determinant of the price at the pump. There are many global factors that affect the crude oil market. But adding more supplies of crude oil to the global marketplace can help put downward pressure on the price of a barrel of oil. The United States has abundant supplies of oil, from the deep-water regions of the Gulf of Mexico to the tight oil resources throughout North Dakota and Montana. Combined with Canada’s oil resources (one of the largest in the world), North America has enormous potential to add new reliable supplies to the market. And, the U.S. has one of the largest and most advanced refinery systems in the world. BUT FIRST, THE OIL NEEDS TO GET TO MARKET. THERE, WE'VE OFTEN SEEN ECONOMICS TRUMPED BY POLITICS – even as the U.S. economy remains weak. The recent moratorium in the Gulf of Mexico, as well as the decision to deny the permit for the Keystone XL pipeline from Canada to U.S. refineries, ARE JUST TWO EXAMPLES of U.S. political decisions THAT SERVE TO KEEP SUPPLIES **OUT** OF THE MARKET. The economics behind a gallon of gas are pretty straightforward. It’s the policies behind access to U.S. energy resources that are less certain – but critical to our energy future." http://www.exxonmobilperspectives.com/2012/01/27/what-am-i-paying-for-in-the-price-of-a-gallon-of-gasoline/ The biggest portion of the cost of gas goes to the crude-oil suppliers. This is determined by the world's oil-exporting nations, particularly the Organization of the Petroleum Exporting Countries (OPEC): http://auto.howstuffworks.com/fuel-efficiency/fuel-consumption/gas-price1.htm
As the dollar is devalued, then it will cost more of them to purchase that same gallon of gasoline.
The other side of the coin, the one that nobody bothers to consider: http://www.exxonmobilperspectives.com/2011/10/26/10-little-known-or-often-ignored-facts-about-gas-prices-and-exxonmobil-earnings/ Exxon is no longer the largest oil producer, "PetroChina" is now the largest: http://www.businessweek.com/ap/2012-03/D9TQ28TO0.htm
San Diego Toyota
Part of the reason for high gas pries is speculation on Wall Street...
turks and caicos car rental
The speaker blames what she labels the Bush-Cheney big oil agenda, using graphics to point out gasoline prices have more than doubled in the Bush administration.
K20 Tesla
This organization is really awesome. Imagine never being able to leave your house and being reliant on someone to bring your meal . Amazing people run this show. And it's far more than just meal delivery.

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