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What is the real cause behind the 10% rise in gas prices this week.

Liberals holding the Alaska Oilfields hostage
Escalating tensions between Iran and the West
Unrest in Nigeria over distribution of oil revenues
Mexican prison riot
Adele's photoshopped Vogue cover
Rumours of Drew Barrymore's pregnancy.

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Author Topic: Gas Prices  (Read 2087 times)

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jaydub

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Gas Prices
« on: February 24, 2012, 06:54:15 pm »

The inflation adjusted price for gas is close to its all-time high.

Naturally the prices here are in average US dollars.  We lucky Californians get about a 15% higher rate due to a)Longer logistical chain between our refineries and areas of production, b)Our especially fabulous additive package and c)The oil companies charge all the market will bear so they can recoup losses from selling gas to South Carolinians.
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greenkoolayd

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Re: Gas Prices
« Reply #1 on: February 24, 2012, 07:44:00 pm »

its always the oil companies holding it hostage.
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Carlos del Vaca

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Re: Gas Prices
« Reply #2 on: February 24, 2012, 08:02:12 pm »

"Iran recently cut off exports to France and the United Kingdom in response to sanctions from the United States and the European Union."

http://www.thebostonchannel.com/automotive/30533384/detail.html#ixzz1nKbrIxJc

More demand for oil from sources other than Iran = higher prices.
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Nabubrush

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Re: Gas Prices
« Reply #3 on: February 25, 2012, 03:57:11 am »

Yup, sanctions coupled with greedy fuckers.

I'm surprised (and a little disappointed) that my name did not show up in those poll options.
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jaydub

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Re: Gas Prices
« Reply #4 on: February 25, 2012, 07:11:20 am »

Aren't you feeling held captive by hippies?
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Nabubrush

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Re: Gas Prices
« Reply #5 on: February 25, 2012, 07:41:30 am »

Are you talking to me?

Remember when Venezuela told OPEC they couldn't tell Venezuela what to do and dumped all that crude on the market? Oil dropped to $9 a BBL? Yeah, I was pretty sure I was going to get laid off. I don't feel held captive right now.
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