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xorbit xorbit is offline
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First recorded activity by BoatBanter: Nov 2006
Posts: 27
Default Gas $1.99/gallon!

Larry wrote:

xorbit wrote in :


Does Japan pay more for oil? Do you have some numbers on this or a
reference?




Nope. I just assume someone selling a product for $4/gallon has a margin
that can pay more for the product than someone selling it for $1.99/gallon.
He'd be willing to pay more, wouldn't he?

If he offered to pay more for it, to divert it away from the USA for
instance, I'd certainly SELL it to him, if it were mine to sell, right?



Larry


But Japan isn't paying any more for oil than the rest of the world
except to cover transportation to the island. Oil exporting countries
doesn't care who they sell to, just the highest bidder. Unless they
have long-term contracts.

But since all the Alaskan crude is only for U.S. domestic consumption,
it doesn't matter whether you COULD sell it to Japan or not.