Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Then why all the BS about USA Oil reserves are NOW Plenty-Full, etc. Reports that America has more than enough....and don't need to depend on foreign Oil Crude, or their manipulation of prices.
Answer that??!!
Answer...environmental bull has blocked the installation of any new fuel plants for over 30 years. That's the bottle neck. We need to build more plants to put more fuel on the market. Having been involved in EPA crap for years in the construction business, I can attest to the fact that most of EPA regulations and regulators don't have a clue as to what they are imposing. Unbelievably stupid or deliberately wishing to destroy America...I'm not sure which.
Then why all the BS about USA Oil reserves are NOW Plenty-Full, etc. Reports that America has more than enough....and don't need to depend on foreign Oil Crude, or their manipulation of prices.
Answer that??!!
There is a surplus of oil right now, but prices have been going up on speculation. Speculation that the drop in price was overdone. The U.S. Oil rigs have been shutting down steadily since the price went down, so there is speculation that the glut will end. Shale drilling is very expensive and they can't afford to do it at such low prices. Also, unrest in Yemen pushed the speculative price up. Emerging markets have been improving, so they will need more oil. And last but not least, the U.S. Dollar has been losing some of the strength it gained at the beginning of the year. A strong dollar means cheap oil. A weak dollar means expensive oil. Other than the "glut" that was another reason oil prices dropped so low. The dollar got very strong for a while.
Answer...environmental bull has blocked the installation of any new fuel plants for over 30 years. That's the bottle neck. We need to build more plants to put more fuel on the market. Having been involved in EPA crap for years in the construction business, I can attest to the fact that most of EPA regulations and regulators don't have a clue as to what they are imposing. Unbelievably stupid or deliberately wishing to destroy America...I'm not sure which.
Both...Stupid, i.e., incompetent...and controlled by unknown sources. And Agenda to Destroy America, which is almost Completed. Can't bear to think of future ''Around the corner'' of America. Bad News.
Then why all the BS about USA Oil reserves are NOW Plenty-Full, etc. Reports that America has more than enough....and don't need to depend on foreign Oil Crude, or their manipulation of prices.
Answer that??!!
yeah, the news grabbed this about 3 or 4 weeks ago and said it was going to be cheaper this summer....
and as far as state and federal tax, I get that, however, there is much more to it then that, and they switched to summer blend a while ago.....that is why it was so cheap there for awhile.
There is a surplus of oil right now, but prices have been going up on speculation. Speculation that the drop in price was overdone. The U.S. Oil rigs have been shutting down steadily since the price went down, so there is speculation that the glut will end. Shale drilling is very expensive and they can't afford to do it at such low prices. Also, unrest in Yemen pushed the speculative price up. Emerging markets have been improving, so they will need more oil. And last but not least, the U.S. Dollar has been losing some of the strength it gained at the beginning of the year. A strong dollar means cheap oil. A weak dollar means expensive oil. Other than the "glut" that was another reason oil prices dropped so low. The dollar got very strong for a while.
how does UNREST push the price up? That is a bunch of bull.....
yeah, so what does uncertainty do with production?????
They always say that, and it's a lie.
Nothing with production... a lot with speculation.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
