Re: $4.00 +++ per gallon
 

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The price of oil these days has very little to do with OPEC and everything to do with the commodity market combined with the value of the US dollar.

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With little manufacturing left in the U.S. to invest in speculators have to invest their money in something else to turn a buck. That something just happens to be oil. We cant do without it and speculators are taking advantage of the situation. Not much different than investing in gold, land speculation or the banking industry. They're just in it for the bucks. And they're making a killing doing it.

Re: $4.00 +++ per gallon
 

I am not sure the price of gas is a reflection of our middle east friends. I think it is all here in the USA, or should I say with USA people. I am going to blame Chuckie in Coin Etticut! He has control of all the car parts and racing decals now.......its the oil! https://www.yenko.net/ubbthreads/imag...mlins/haha.gif https://www.yenko.net/ubbthreads/imag...mlins/haha.gif

Re: $4.00 +++ per gallon
 

Have you checked what Exxon and others are doing with their profits. Sounds like they are buying up all their outstanding stocks that they can get their hands on. Might be wrong as I'm no stock market expert.

Re: $4.00 +++ per gallon
 

You're right it's 427King, a King is like a sheik anyways!

Re: $4.00 +++ per gallon
 

Hey Sam, Vote for Hillary,she might regulate my prices https://www.yenko.net/ubbthreads/imag...mlins/grin.gif https://www.yenko.net/ubbthreads/imag...mlins/grin.gif https://www.yenko.net/ubbthreads/imag...mlins/grin.gif

Re: $4.00 +++ per gallon
 

Man, I just think when some joker can pay 14 million for a license plate, they are making a killing on the oil prices. The top C.E.O.'s of this country are getting way too much money too. Yeah, yeah, yeah, it's a capitalist society, but where does it end? With the guy that has to buy a tank or two of gas a week los...NEVER MIND!!!!!! Record high oil prices today. I am pretty sure that per barrel price puts billions in the pockets of the Middle Eastern Countries.

Re: $4.00 +++ per gallon
 

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Have you checked what Exxon and others are doing with their profits. Sounds like they are buying up all their outstanding stocks that they can get their hands on. Might be wrong as I'm no stock market expert.

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They sure aren't investing it in more refinining capacity!


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BTW - Exxon recently reported a profit of 9.2 billion dollars for the last quarter which is the largest amount of profit recorded by any company anywhere in the world ever! Maybe the high cost of gas lies within the USA.

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Capitalism out of control, thats what it is. The system needs an overhaul. Speculators shouldn't be controlling the prices at the pump. Why are we bailing out the mortgage industry? https://www.yenko.net/ubbthreads/imag...lins/crazy.gif

Re: $4.00 +++ per gallon
 

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They sure aren't investing it in more refinining capacity!


[/ QUOTE ] The democrats wont let em drill in Alaska ,and there is plenty of oil out there.

Re: $4.00 +++ per gallon
 

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They sure aren't investing it in more refinining capacity!


[/ QUOTE ] The democrats wont let em drill in Alaska ,and there is plenty of oil out there.

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Bingo! We have the correct answer. Democrats AND Republicans (no discernible difference there), will not let us drill for, and use our own oil. You don't like high oil prices? then become active and rise up to administer a political "bitch slap" to the so called environmentalists, who are responsible for this mess.

I'm no fan of the oil companies either, but the first order of business is to re-establish a steady supply of oil while we build Nuclear power plants like crazy.

Re: $4.00 +++ per gallon
 

Funny thing is, there is no shortage of oil. It's all those damn speculators and government is doing nothing to stop it.