Anybody truely worried about gas prices and its effect on the economy?
05-24-2008, 12:38 PM
#71
05-24-2008, 01:37 PM
#72
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My Head HURTS
05-24-2008, 06:51 PM
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08-13-2008, 05:14 PM
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this is what pissed me off when i read it.
they are going every way possible to keep from building up stock and keep the price high.
this proves that we have more then enough refineries to keep up with demand.
The big drop in gasoline stocks prompted traders to buy oil and gasoline contracts on signs of supply tightness. However, analysts said the surprisingly large drawdown suggests that U.S. refineries are scaling back on production in response to falling demand - not that Americans are suddenly driving more because of easing pump prices.
"There's no doubt that refiners are making less gasoline," said Phil Flynn, analyst at Alaron Trading Corp. in Chicago. "The demand is bad so why store a product that you're going to have trouble selling?"
they are going every way possible to keep from building up stock and keep the price high.
this proves that we have more then enough refineries to keep up with demand.
The big drop in gasoline stocks prompted traders to buy oil and gasoline contracts on signs of supply tightness. However, analysts said the surprisingly large drawdown suggests that U.S. refineries are scaling back on production in response to falling demand - not that Americans are suddenly driving more because of easing pump prices.
"There's no doubt that refiners are making less gasoline," said Phil Flynn, analyst at Alaron Trading Corp. in Chicago. "The demand is bad so why store a product that you're going to have trouble selling?"
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