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Gas $1.99/gallon!
Dave wrote in
: On Thu, 25 Jan 2007 15:42:58 -0500, Larry said: I thought all the Alaska crude went to Tokyo and Osaka and Hong Kong where they'll pay much higher prices for it than America will. Why am I not surprised that that's what you thought? Hmm....Japan pays more for oil than America....so why wouldn't I ship oil to Japan, where it makes me more money?? Larry -- Democracy is when two wolves and a sheep vote on who's for dinner. Liberty is when the sheep has his own gun. |
Gas $1.99/gallon!
Steve Thrasher wrote in
: I hate to break this to you. I live in Alaska. The crude is tankered down to you guys, refined and tankered back up here. I saw it for $2.1599 at one of the Fred Meyers yesterday. Meaning with my fuel discount it's costing me $2.0599. Yep, I just filled up. I used to be mobile cal lab manager for EIL Instruments, one of Maryland's beltway bandits, and drove from their office in Va Beach across to as far as the Mexican border calibrating CG, FAA and Navy remotely situated test equipments at little bases, FAA VORTACs and Loran C sites all over. (Try calibrating a scope while your cal lab is sitting BETWEEN the capacitor hat and ground system of a multimegawatt 100Khz Loran C pulse transmitter, some time.) On one trip, some payback for voting the wrong way resulted in fuel being made in Eastern Texas was allocated away from there to their pet states, leaving poor Texans working AT the refineries with NO GAS at the 7- Elevens! I sat at a La Quinta Motor Inn in Beaumont, staring longingly at FOUR oil refineries running full blast, trying to explain to my ****ed off boss that the van's saddle tanks were EMPTY and this oil refining city had NO GAS FOR SALE until Monday Morning at 9AM! We were gonna be late getting to the CG Station in Brownsville, still half a world away across TEXAS! Of course, my boss blamed me. Everything was my fault....(c; Alaska needs to get in the refining business, then tell America what it wants for gas and diesel...(c;....instead of just giving crude away until it's gone. Larry -- Democracy is when two wolves and a sheep vote on who's for dinner. Liberty is when the sheep has his own gun. |
Skype
Larry, Larry, Larry!
Tell me it isn't true. You're still using Skype even after it was bought out by big business (EBAY) and raised it's rates? I'm disappointed in you. Better look at voipbuster! Gordon |
Gas $1.99/gallon!
"Dave" wrote in message ... On Thu, 25 Jan 2007 14:05:59 -0800, Mark Borgerson said: Gee what would happen if all the states put a price cap on fuel prices? If you had lived through the 70s in the US you wouldn't have to guess. Crude oil prices are currently lower than the peak reached during the 70's (I was in San Diego and then Charleston, SC during 77-79). After peaking in the $70's per barrel, crude prices dropped over the next several years back into the $14-18 per barrel range. After the current "crisis" is over, and Shell, BP and ExxonMobile have secured their 30-year contracts on Iraqi oil, crude prices will likely settle back down to around $20-25 level. Gasoline prices will remain around $2 per US Gallon, because that's what Americans now consider to be a "bargain price." So I have prognosticated on this date, 25 Jan 2007. Karin |
Gas $1.99/gallon!
On Thu, 25 Jan 2007 18:46:38 -0500, Larry wrote:
Hmm....Japan pays more for oil than America....so why wouldn't I ship oil to Japan, where it makes me more money?? Oil is traded daily on world wide auctions, the so called "spot market". The rest is sold under longer term contracts. The spot market goes to the high bidder for any given tanker load. If Japan pays more it is because of shipping costs which are built into the deal by the tanker brokers. |
Gas $1.99/gallon!
Larry wrote:
Dave wrote in : On Thu, 25 Jan 2007 15:42:58 -0500, Larry said: I thought all the Alaska crude went to Tokyo and Osaka and Hong Kong where they'll pay much higher prices for it than America will. Why am I not surprised that that's what you thought? Hmm....Japan pays more for oil than America....so why wouldn't I ship oil to Japan, where it makes me more money?? Larry Does Japan pay more for oil? Do you have some numbers on this or a reference? |
Gas $1.99/gallon!
Larry wrote: Alaska needs to get in the refining business, then tell America what it wants for gas and diesel...(c;....instead of just giving crude away until it's gone. Larry My understanding is that won't happen. As part of the agreement to drill the north slope, no refineries would be allowed in Alaska. That won't change because the environmental movement would never allow it. |
Gas $1.99/gallon!
"xorbit" wrote in message ... Larry wrote: Alaska needs to get in the refining business, then tell America what it wants for gas and diesel...(c;....instead of just giving crude away until it's gone. Larry My understanding is that won't happen. As part of the agreement to drill the north slope, no refineries would be allowed in Alaska. That won't change because the environmental movement would never allow it. I'll bet Russia would be amenable to building refineries in Siberia, just across the straights... |
Gas $1.99/gallon!
xorbit wrote:
My understanding is that won't happen. As part of the agreement to drill the north slope, no refineries would be allowed in Alaska. That won't change because the environmental movement would never allow it. Here is part of an article published: January 23, 2007 in The Anchorage Daily News: NORTH POLE -- A small fire that broke out Sunday at Alaska's largest crude oil refinery did not interrupt production and refining operations, officials said. There were no injuries resulting from the fire at the Flint Hills Refinery in North Pole. There's more if you want to go to the web site at www.adn.com Now, it's MY understanding that none of the North Slope oil can be exported. It's all for domestic use. Federal law of some sort. |
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