| Re: Gas Strike: Friday, May 2, 2008 refinery capicity!
refinery capicity!
refinery capicity!
oil prices are less of a problem than most think, demand is up refinery capicity is down you do the math.
low domestic oil production(it really is down there)
oh then there is the totally broken oil futures system that has us paying for oil 15 years from now.
then it falls to opec (which we buy very little oil from anyway)
then the unwillingness of oil companies to lower their profit margin(and still get record profits)
then the unwillingness of federal and state governments to lower or suspend taxes on gas.
this is roughly how it breaks down, we are getting screwed at several levels
but you can blame the EPA for the main two. |