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Old 06-14-2008, 08:28 AM
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oil production to be increased

Saudis are apparently breaking with some of the other OPEC members and increasing their output.

Plan Would Lift Saudi Oil Output to Highest Ever: Financial News - Yahoo! Finance

Craig
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Old 06-14-2008, 08:47 AM
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I hope this helps with prices at the pump.
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Old 06-14-2008, 08:54 AM
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Originally Posted by RedMule View Post
I hope this helps with prices at the pump.
probably not someone will raise the road tax to compensate
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Old 06-14-2008, 08:57 AM
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probably not someone will raise the road tax to compensate
You laugh. I bet some liberals are already thinking about it.
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Old 06-14-2008, 09:19 AM
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I am sure they are. They already have us used to paying this amount. Im sure the discussion is "why not keep them paying this price"
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Old 06-14-2008, 09:32 AM
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it wont help the price at the pump, because they will just say our dollar is even weaker so they can justify the record pump prices. the economy stinks, our dollar isn't so mighty anymore. i honestly feel that the prices will never drop below what they are now..
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Old 06-14-2008, 03:23 PM
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it wont help the price at the pump, because they will just say our dollar is even weaker so they can justify the record pump prices. the economy stinks, our dollar isn't so mighty anymore. i honestly feel that the prices will never drop below what they are now..
How right you are ! While the price of a gallon of gas in Europe is nearly double our $4-5 range. And some like to point out how much more expensive it is over there to justify the relative "cheapness" or our prices. Nearly 50% of their cost is associated with taxes on fuel .... so their real cost is almost the same since our taxes our low compared to theirs.

A lot of the increase in our prices at the pump has a more to do with the decreasing value of our dollar than any politician is willing to admit. Because that would be equivilent to accepting blame for the prices ...

Why do that when you can blame it on oil companies, environmentalists, India, China, Sputnik, Global Warming, MS Vista ...

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Old 06-14-2008, 03:58 PM
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Quote:
Originally Posted by BrownCrew View Post
How right you are ! While the price of a gallon of gas in Europe is nearly double our $4-5 range. And some like to point out how much more expensive it is over there to justify the relative "cheapness" or our prices. Nearly 50% of their cost is associated with taxes on fuel .... so their real cost is almost the same since our taxes our low compared to theirs.

A lot of the increase in our prices at the pump has a more to do with the decreasing value of our dollar than any politician is willing to admit. Because that would be equivilent to accepting blame for the prices ...

Why do that when you can blame it on oil companies, environmentalists, India, China, Sputnik, Global Warming, MS Vista ...


Vista!!!! LOL!!!!
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Old 06-15-2008, 02:01 AM
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Originally Posted by Rwalker View Post
it wont help the price at the pump, because they will just say our dollar is even weaker so they can justify the record pump prices. the economy stinks, our dollar isn't so mighty anymore. i honestly feel that the prices will never drop below what they are now..
Gonna have to say I agree with you.
Craig
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Old 06-15-2008, 02:04 AM
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have you noticed how the national media outlets are conditioning us that it is going to be higher
in some circles it is called brainwashing
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