Gas going down, election comming up...

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Though I do think there is some validity to the statement, though. CNN published on their web site an article commenting on how a massive change in the political background of Congress scares the petroleum industry. Whether or not it is true is another issue.
 
I think AdamCKach looks a little bit like Tom Arnold!!! (Roseanne)?

(With a Hershey's Kiss on his head!!!!)

What do y'all think?;):D
 
don't know if this is true or not but a buddy of mine owns a gas station in town. He told me 3 weeks ago that we should start seeing the gas prices dropping due to the surplus. So I asked him "what surplus?". Supposedly the tanks they use to store home heating oil for the winter are filled with gasoline right now. in order to start stocking up the heating oil they need to empty these tanks causing a "surplus".



Like I said, I don't know how acurate that is but it's an interesting theory if nothing else.
 
Record profits on the oil industry.



Record profits in the Fast-Food markets too... Coincidence? Record gas tax revenue. Coincidence?



You Republican (ie Bush) haters think they are such dolts, yet have all this power and insight to change world-wide oil prices/consumption. Which is it?
 
Hello, the world is not the USA. Their is only an election coming up in the US and yet prices are coming down in countries other than USA.
 
Dishonesty and deception have surrounded the oil industry for several years. Large oil companies purchased many of their smaller competitors, just to shut their refineries down.



Then they claim a shortage. Then they raise prices because of it.



As far as political connections, I not going to go there. But most of my neighbors work in the oil industry, its huge here. I live about 1 hour away from one of the largest shale deposits in the world. And oil wells are all over the place......along the road, in fields, on mountain sides, in backyards...ya.....no kidding... Talk to anybody who works on a rig, drill, drives truck, or runs an entire operation......they sit and watch the news on what is being reported as "oil shortages" in complete disbelief. Any one of them will tell you that they could more than double thier well output, but they stay along "company guidance" and keep output at currant paces. An acquaintance of mine works at a refinery. He is not capacity restrained. But they kick out the number of barrels per day that the "company wants".



And what the "compnay wants" is to put out less gasoline, and make more money on it.



Makes perfect sense really, but you and I are on the "getting screwed" end of the stick.
 

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