the price of a gallon of gas.

[trlhiker]

Originally Posted by amerifree

Glad you feel that way because we about to be hit by act-II of Obamas plan to bring the middle class to its knees.
By the end of summer gas will be over $5.00/gal and the president will be looking down his nose at Americans. He will state something like: "we are in this together and the road to prosperity has a few potholes. That's why I am implementing my presidential authority to require the wealthier Americans, those who drive SUVs and cars that get less than 20 miles per gallon, to share in the recovery and pay a little more in "travel taxes". It's fair, and it's the right thing to do."

Boy, talk about being so wrong at every point.

[Sayid Linus]

Originally Posted by pknopp

Video conferencing.

I'll concede that is a good point. At least sometimes.

[LordBalfor]

Originally Posted by trlhiker

Boy, talk about being so wrong at every point.

Yeah, there was not a lot of thought or even any common sense behind that persons' post.

Ken

[remoddahouse]

Again, let’s go back to the economics of supply and demand that govern the crude oil market, since it’s the largest determinant of the price at the pump.

There are many global factors that affect the crude oil market. But adding more supplies of crude oil to the global marketplace can help put downward pressure on the price of a barrel of oil. The United States has abundant supplies of oil, from the deep-water regions of the Gulf of Mexico to the tight oil resources throughout North Dakota and Montana. Combined with Canada’s oil resources (one of the largest in the world), North America has enormous potential to add new reliable supplies to the market. And, the U.S. has one of the largest and most advanced refinery systems in the world.

But first, the oil needs to get to market. There, we’ve often seen economics trumped by politics – even as the U.S. economy remains weak. The recent moratorium in the Gulf of Mexico, as well as the decision to deny the permit for the Keystone XL pipeline from Canada to U.S. refineries, are just two examples of U.S. political decisions that serve to keep supplies out of the market.

The economics behind a gallon of gas are pretty straightforward. It’s the policies behind access to U.S. energy resources that are less certain – but critical to our energy future.

Horrible article. It's about supply and demand, but the only way to change the price is to increase supply. Wait, I thought it was about supply AND demand and thus using less would lower the price. Not hard to tell it's marketing for an oil company. I don't get why anyone would read the propaganda put out by any company. Unless the opinion is independent, it's pretty worthless.