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Price of Gas ... a conspiracy?

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#1    3.0

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Posted 09 September 2012 - 09:40 PM

The price of gas is $4.01 locally (Buffalo, NY) for me.  Why? After the U.S.A. liberated Iraq, and Afghanistan, and intervened or helped in Libya, Somalia and elesewhere.  Along with democratic changes in Egypt and other north African countries. Why is the price of gas so high?  The oil should be flowing back at prewar levels, why haven't the prices dropped as well? Anyone have conspiracy theories to offer?


#2    notoverrated

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Posted 09 September 2012 - 10:04 PM

they are feeding it to a giant whale until its organs and stomach is full of oil then they will ignite its insides to blow up china to get rid of are dept. its pretty genius if you ask me i would of never of known unless i made it up right now.

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#3    chessnovicer

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Posted 09 September 2012 - 10:17 PM

Unfortunately, inflation.

I have good reason to believe the price was artificially inflated in the beginning and if that is correct then, there is no reason to reduce since consumers are willing to pay and it has not had a negative impact on the market; in fact it only resulted in record profits for producers and producer countries.

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#4    supervike

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Posted 09 September 2012 - 10:20 PM

Supply and demand that is heavily influenced by 'futures' market players.


#5    spud the mackem

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Posted 09 September 2012 - 10:36 PM

View Post3.0, on 09 September 2012 - 09:40 PM, said:

The price of gas is $4.01 locally (Buffalo, NY) for me.  Why? After the U.S.A. liberated Iraq, and Afghanistan, and intervened or helped in Libya, Somalia and elesewhere.  Along with democratic changes in Egypt and other north African countries. Why is the price of gas so high?  The oil should be flowing back at prewar levels, why haven't the prices dropped as well? Anyone have conspiracy theories to offer?
    Is that for a gallon ?,we are paying $1.90 per Litre,thats about $10.45 per gallon, and its rising weekly.

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#6    Child of Bast

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Posted 10 September 2012 - 04:37 PM

View Post3.0, on 09 September 2012 - 09:40 PM, said:

The price of gas is $4.01 locally (Buffalo, NY) for me.  Why? After the U.S.A. liberated Iraq, and Afghanistan, and intervened or helped in Libya, Somalia and elesewhere.  Along with democratic changes in Egypt and other north African countries. Why is the price of gas so high?  The oil should be flowing back at prewar levels, why haven't the prices dropped as well? Anyone have conspiracy theories to offer?

I guess you missed the storm which blew through the Gulf of Mexico at the end of August. It's all right. Most people unaffected by things like this tend to ignore it. When a hurricane blows through the Gulf of Mexico, all affected oil rigs - and there are many more than you think - shut down so no oil is being pumped out. This has a HUGE impact on the price of gas. Especially if we are trying to become less reliant on foreign oil.

'A phantom,' said my Uncle Mycroft, who had just materialised, 'is essentially a heteromorphic wave pattern that gains solidity when the apparition converts thermal energy from the surroundings to visible light. It's a fascinating process and I'm amazed no one has thought of harnessing it - a holographic TV that could operate from the heat given off by an average-size guinea pig.' ~ First Among Sequels, Jasper Fforde

#7    mfrmboy

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Posted 10 September 2012 - 04:45 PM

View PostLady Kasey, on 10 September 2012 - 04:37 PM, said:

I guess you missed the storm which blew through the Gulf of Mexico at the end of August. It's all right. Most people unaffected by things like this tend to ignore it. When a hurricane blows through the Gulf of Mexico, all affected oil rigs - and there are many more than you think - shut down so no oil is being pumped out. This has a HUGE impact on the price of gas. Especially if we are trying to become less reliant on foreign oil.

I have wondered why they keep rebuilding. If they know every few years they are gonna get hit. Why not build in a location that is not at such high risk.  Have wondered the same about the casinos but they can move further on land.

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#8    WoIverine

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Posted 10 September 2012 - 04:48 PM

Wonder when we're going to switch to natural gas. Cheaper, more abundant, would be nice.


#9    spud the mackem

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Posted 10 September 2012 - 07:43 PM

Ha just had a thought, post 8....Spyd3rCyd3,is talking about natural gas, OK, but I think the thread is about "gas" or petrol as we know it in UK. So how do you American guys differentiate between Natural Gas,which you use in your cooker, and "gas" which you put in your car tank ?...No Offence meant but can some one tell me please..or I shall remain confused forever..

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#10    RaptorBites

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Posted 10 September 2012 - 07:49 PM

View PostLady Kasey, on 10 September 2012 - 04:37 PM, said:

I guess you missed the storm which blew through the Gulf of Mexico at the end of August. It's all right. Most people unaffected by things like this tend to ignore it. When a hurricane blows through the Gulf of Mexico, all affected oil rigs - and there are many more than you think - shut down so no oil is being pumped out. This has a HUGE impact on the price of gas. Especially if we are trying to become less reliant on foreign oil.

Also the fire at the Chevron Plant in Richmond, Ca.  Which refines roughly 60% of all oil on the west coast.

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#11    Child of Bast

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Posted 10 September 2012 - 08:57 PM

View Postspud the mackem, on 10 September 2012 - 07:43 PM, said:

Ha just had a thought, post 8....Spyd3rCyd3,is talking about natural gas, OK, but I think the thread is about "gas" or petrol as we know it in UK. So how do you American guys differentiate between Natural Gas,which you use in your cooker, and "gas" which you put in your car tank ?...No Offence meant but can some one tell me please..or I shall remain confused forever..

We call gas that we put in our car tanks as just that... gas or gasoline. The stuff we use in a cooker we call natural gas. LOL Pretty simple spud. :)

'A phantom,' said my Uncle Mycroft, who had just materialised, 'is essentially a heteromorphic wave pattern that gains solidity when the apparition converts thermal energy from the surroundings to visible light. It's a fascinating process and I'm amazed no one has thought of harnessing it - a holographic TV that could operate from the heat given off by an average-size guinea pig.' ~ First Among Sequels, Jasper Fforde

#12    spud the mackem

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Posted 10 September 2012 - 09:09 PM

View PostLady Kasey, on 10 September 2012 - 08:57 PM, said:

We call gas that we put in our car tanks as just that... gas or gasoline. The stuff we use in a cooker we call natural gas. LOL Pretty simple spud. :)
  Thankyou Lady K, we use gas for cooking and put petrol in our cars, although some cars these days run on liquid gas which you can buy at some petrol stations,in small pressurised canisters. Oh bother I shouldnt have brought this up, thanks anyway..Regards

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#13    Child of Bast

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Posted 10 September 2012 - 09:27 PM

Anytime spud. :)

'A phantom,' said my Uncle Mycroft, who had just materialised, 'is essentially a heteromorphic wave pattern that gains solidity when the apparition converts thermal energy from the surroundings to visible light. It's a fascinating process and I'm amazed no one has thought of harnessing it - a holographic TV that could operate from the heat given off by an average-size guinea pig.' ~ First Among Sequels, Jasper Fforde

#14    3.0

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Posted 11 September 2012 - 04:22 AM

View PostLady Kasey, on 10 September 2012 - 04:37 PM, said:

I guess you missed the storm which blew through the Gulf of Mexico at the end of August. It's all right. Most people unaffected by things like this tend to ignore it. When a hurricane blows through the Gulf of Mexico, all affected oil rigs - and there are many more than you think - shut down so no oil is being pumped out. This has a HUGE impact on the price of gas. Especially if we are trying to become less reliant on foreign oil.

It 's true I've ignored this aspect of the issue.    Of course the natural disasters have affected Americas ability to produce it's own oil.  So your vew is that the hurricane  damage is a contributing factor in the price gas; and the need of the oil companies to repair the damage?


#15    3.0

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Posted 11 September 2012 - 04:24 AM

View PostRaptorBites, on 10 September 2012 - 07:49 PM, said:

Also the fire at the Chevron Plant in Richmond, Ca.  Which refines roughly 60% of all oil on the west coast.

Another  event that effected the price of gas. Did they determine the cause of that?






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