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Ramblings on Alternate Power Sources
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<blockquote data-quote="Frankie" data-source="post: 89772" data-attributes="member: 13"><p><strong>cc said </strong></p><p></p><p></p><p>Supply and demand. My point exactly. Now tell me what happened to supply and demand in the last two weeks that caused gasoline prices to go down? When you can do that, you can explain what made them go up so dramatically over the last 18 months or so. </p><p></p><p>There has never been a shortage of oil. Most OPEC countries are busting their quotas on a regular basis and way exceeding their quotas now. There has been no major drop off in usage; China is still booming. Yet gasoline prices are down more than 50 cents in my area (from $2.53 to $1.98 ). That's a major decrease in price. In other parts of the country, of course, the price varies, but all over the country there has been major drops in the price of gasoline. No refineries have been built. So tell me, slowly so that I will understand, that if (as the Saudi prince and you have claimed) <strong>if</strong> a lack of refineries in the US is a major cause of high gasoline prices, why had the price of gas dropped so dramatically in the last couple of weeks?</p><p></p><p>As far as maintenance goes, we found out after the Enron debacle that energy companies were pulling units offline for unneeded "maintenance" during California's energy crises several years ago. I don't have a doubt that they'll do it to gasoline refineries, too.</p></blockquote><p></p>
[QUOTE="Frankie, post: 89772, member: 13"] [b]cc said [/b] Supply and demand. My point exactly. Now tell me what happened to supply and demand in the last two weeks that caused gasoline prices to go down? When you can do that, you can explain what made them go up so dramatically over the last 18 months or so. There has never been a shortage of oil. Most OPEC countries are busting their quotas on a regular basis and way exceeding their quotas now. There has been no major drop off in usage; China is still booming. Yet gasoline prices are down more than 50 cents in my area (from $2.53 to $1.98 ). That's a major decrease in price. In other parts of the country, of course, the price varies, but all over the country there has been major drops in the price of gasoline. No refineries have been built. So tell me, slowly so that I will understand, that if (as the Saudi prince and you have claimed) [b]if[/b] a lack of refineries in the US is a major cause of high gasoline prices, why had the price of gas dropped so dramatically in the last couple of weeks? As far as maintenance goes, we found out after the Enron debacle that energy companies were pulling units offline for unneeded "maintenance" during California's energy crises several years ago. I don't have a doubt that they'll do it to gasoline refineries, too. [/QUOTE]
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