The KC Biz Journal: Compared with a year earlier, Monday prices were up 85 cents a gallon on the Missouri side and up 84 cents on the Kansas side. Prices were up 20 cents on both sides compared with last month.
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It's the SPECULATORS driving the market!!! The politicians get too much money from Goldman-Sachs et al to do anything about it. The is NO oil shortage. The rich get richer----what else is new?
ReplyDeleteThere may not be a shortage, but production has plateaued, while consumption worldwide is increasing. Add to that inflation caused by, among other things, devaluation of currency, and it's a wonder that gas is not at least $6 per gallon. Deal with it. Adopt a more efficient mode of transit. YOU ARE NOT ENTITLED TO CHEAP GAS!
ReplyDeletebut production has plateaued RUBBISH!!! And you got your degree in Geology where? There is a vast amount of oil in the ground, but in the USA the feds won't let it be brought to market. 842, wake up algore and his gang are full of BS. You're not a speculator are you?
ReplyDeleteYou think I listen to Al Gore? LOL. It appears you need to do the research here. Read 'Twilight in the Desert' by Matt Simmons. Maybe 'The Long Emergency' by James Howard Kunstler too. Good luck.
ReplyDelete'Twilight in the Desert' by Matt Simmons. Maybe 'The Long Emergency' by James Howard Kunstler And that's where you learned your {etroleum Geology? Some countries that aren't pumping much due to politics: USA, Iraq, Iran, Venezuela. The Old USSR makes due with OLD technology. You can get oil up off the coast of California for $50/barrel and that's probably the most regulated production in the world. This we're running out of oil is right up there with Y2K.
ReplyDeleteWell, you can peg your and your children's future to a finite resource that is largely controlled by despotic regimes.
ReplyDeleteAre you a geologist? Have you studied this?
Since we're having an e-tax let's do like California and put a city tax of about 50 cents on the gallon.
ReplyDeleteI agree with 11:10. Automobile users should pay their fare share for road maintenance.
ReplyDeleteThe Obama economy keeps on winning...
ReplyDeleteI thought oil was about to run out back in the Carter years, but we still have oil. Weird.
ReplyDeleteOil will never run out. It will get to the point that it is too expensive to drill and production will not be able to keep up with demand, causing dramatic price increases, which will eventually (over a series of price increases and demand corrections) will lead to a demand destruction.
ReplyDeleteBut you knuckle-draggers only see a linear projection of the current way of life, right?
Obama will not be happy until gas is $8 per gallon. Thanks to you folks who wanted hope and change. FYI, the cost of food is related to fuel cost.
ReplyDeleteObama controls the cost of gas?
ReplyDelete2:43. Didn't say that, I said he wouldn't be happy until it does. However, he does regulate taxes and how much domestic drilling is permitted.
ReplyDeletePresidents are just puppets, figureheads. He has very limited control of anything.
ReplyDelete