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posted to rec.boats
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external usenet poster
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First recorded activity by BoatBanter: Oct 2009
Posts: 6,596
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Boating, Fuel Prices, Speculators, Politics, etc.
On 17/03/2012 7:30 AM, BAR wrote:
In ,
says...
On Sat, 17 Mar 2012 07:31:52 -0400, Wayne.B
wrote:
Boating, Fuel Prices, Speculators, Politics, etc.
The subject line says it all, and here's a well considered analysis
with something for everyone:
http://www.minyanville.com/sectors/energy/articles/gas-prices-gas-prices-going-up/3/15/2012/id/39912?page=1
Reading between the lines, it is pretty clear. Our prices are high as
hell because the American oil companies are idling refineries and
sending ever increasing quantities of oil overseas.
No point in drill, drill, drill, if the American consumer is prevented
from benefiting from it.
Why shouldn't we have people employed in the oil drilling field? Why
shouldn't we have be selling our oil to those overseas?
Why should the middle east get all of the money for the oil when we can
undercut the price by a couple of points? You do not understand
competition.
If you want something that is job-killing, there it is.
Yes, letting the overseas suppliers profit from the sale of their oil at
the expense of us not selling our oil.
USA is a net consumer of oil. Hate to bust your fallacy on this.
--
RECESSION is when your neighbor loses their job.
DEPRESSION is when you lose your job.
RECOVERY is when 0banma loses his job.
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