Monday, August 23, 2010

If oil production goes up 200(cant remember if thousand or million) how is it the price of gas remains?

This article is saying that july they plan to make more into production however they doubt prices change how is that so when they are almost doubling the outputIf oil production goes up 200(cant remember if thousand or million) how is it the price of gas remains?
If they can keep the price from increasing that would be great. The way it is working now we will be paying 8 bucks a gallon within ten years. I'll take 4 dollars/gal over 8 any day.





Also anyone who says drilling for more won't reduce the price, their right. but what it will do is keep the price from going up at the rate it has been.If oil production goes up 200(cant remember if thousand or million) how is it the price of gas remains?
The pricing has almost nothing to do with supply.


At this moment there are oil tankers sitting off the coasts of Kuwait, Saudi, Iran, etc full of oil and without any place to deliver it to.


You do not use tankers for storing oil, you use them for moving it to where the demand is.


It is also a serious question about how much the Saudis actually can increase production. Consider that Kuwait recently dropped their estimate of recoverable reserves by 25% and a few other facts about the geology of the region and they might not have extra oil to pump.





Now consider the effect of American threats to blockade and then invade Iran, one of the worlds major oil producers.





Sure lets threaten to destroy 30% of the world's oil supply and then blame the economic shocks on Saudi Arabia simply not pumping enough oil.





Please think for yourselves. I should not need to show you that 1 and 1 do not add up to 3.
I just watched CNN’s international Channel(3pm EST), breaking the news that oil price spikes again. But the anchor and the reporter assert it is China’s diesel demand contributed to the hike.





Waited a sec ! It is already THIRD time I am hearing CNN’s assertion of China’s diesel demand. The first time was about two weeks ago. What’s going on?





Then, Israel’s-Iran-attack-drill news flashing back-------Which Was Just Happened This Morning ! That “unmistakable signal” is surely an act to have a consequence of oil supply disruption ! Why is it not reported as a oil spiking cause ? !





Time to scapegoat China again before a major offensive ? To verify, I went to CNN web site , there it is :





China hikes fuel prices http://money.cnn.com/2008/06/20/news/int…





China to raise energy prices


http://money.cnn.com/2008/06/19/news/int…





But nowhere saying that Israel’s-Iran-attack-drill will unstablize the oil supply region, causing the oil price up.





For Israelis Iran Strike Drill see


http://www.jpost.com/servlet/Satellite?c…
Ok, at 11:00 Pm eastern standerd time on CNN there is a special investigation on this, they say that by 2009 the world will come to a hault, but you know how CNN loves to scare the public but still it could be true. A large meeting was held in Saudi Arabia over this matter, and the Saudis have way overshot their current production in the graphs they were giving us 5 years ago, what a suprise, the graph has stayed the same since 1990, so only a dum@$$ wouldn't have guessed they were hiding the real facts...watch it and then you'll know what is most likely happening now in the world...how about $8 a gallon gas, how about no gas at all!!! 0_o
Even if production goes up by two, demand will be growing faster (in emerging markets like Asia). Also only Saudi Arabia is doing this.
OPEC

Bush and oil prices why is he worried?

bush is said to be concerned that oil prices may go below 60 dollars a barrell,why ? when not that long ago it was around 30 and everyone was concerned that it might hit 40.Bush and oil prices why is he worried?
because between him, his dad and his circle of Friends he owns most of the oil Fields in America.Bush and oil prices why is he worried?
because its makes him difference from the other.
They are maybe holding huge investments in oil, and if they sold now would lose.
He is not worried, u might be miss understanding him, that is a plus, with cold weather around the corner, it will help to ahve cheaper prices, so people won't have to scrimp to keep warm this winter

Where are oil prices headed?

Where are oil prices headed? $150, $200, $500 per barrel?Where are oil prices headed?
I am thinking that it is going to peak out at an upwards of $200-225 bucks... then fall dramatically





Sadly in the 1990's there was very little exploration for new oil reserves. This occurred because the price per barrel revenue was so much lower than the potential revenue that could be gained by finding new oil reserves. Because the price per barrel has been rising so quickly, people and businesses are more likely to explore for new reserves... as soon as that happens, they will flood the market with oil causing the oil bubble to bust and prices to fall dramatically...





my prediction... end of August... you'll see price per gallon at $2.50Where are oil prices headed?
Into the sky.


Unless sources like solar or wind power which have always been there around are harnessed. Then oil is to be used for partially powering means of transport. Commuting for work that entails two dwelling units, one for work and another for sleep, needs to be curtailed.
oil prices will go up to the extent that the dollar goes down.


who can put a number on that, and why bother?
Rising very high!
Up, that's for sure.
up
up


no question needed

Why are gas prices now not going up in proportion to oil barrel prices?What kind of game is being played?

and who is manipulating the field?? oil 86.00 barrel,or so...Why are gas prices now not going up in proportion to oil barrel prices?What kind of game is being played?
Gas prices aren't determined by the price of oil, but by the supply and demand for gasoline. In the summer during peak driving season, gas prices go up. And if refineries can't run at full capacity, gas prices go up.





You have to ask yourself when the price of a gallon of gas will make a person get a smaller vehicle and/or drive less. Gas stations will charge as much as they can get away with. If they thought people would pay $4 a gallon as readily as they'd pay $2.50 a gallon, you'd see the price of gas go up.Why are gas prices now not going up in proportion to oil barrel prices?What kind of game is being played?
This is all crap. We should be drilling in this country to get more oil. But God forbid we injure and ant or beetle. They think more of these things then people.
  • soft lips
  • Why crude oil prices are going high day to day?

    There are a bunch of factors. Disruptions of oil in Nigeria, The iraq war, the Iran stand off with the world (In particular the US), increasing demand of oil in the world ( in particular China and India), and other minor factors.


    Its a simple economic thing, the more people demand, prices go up. As China and India start developing, they need more and more fuel to function, they demand more, in fact look at their population, china and india make 1/3 of the worlds population. This demand drives the price up. Iraq war, is anothe rmajor factor. Everytime, US and Iran have a heated battle of words, prices will go up, speculations make prices go up. Analysts predict prices will go up, hope this helplsWhy crude oil prices are going high day to day?
    because the government is loosing money because of what happend in mississippiWhy crude oil prices are going high day to day?
    Greed.
    because, availability of crude oil is less.

    Is there a oil shortage that is causing the abrupt rise in oil prices or just a dropping U.S dollar?

    who should we put under the ';tracks'; for this ?Is there a oil shortage that is causing the abrupt rise in oil prices or just a dropping U.S dollar?
    There isnt' an oil shortage at all.


    It's the worthless $$ that's killing us at the pumps.


    Throw that idiot in the White House under the tracks!!!





    That's ok.......I'll keep the fried chicken on ice ;-)Is there a oil shortage that is causing the abrupt rise in oil prices or just a dropping U.S dollar?
    There is increasing demand, not a shortage, driving the price of oil higher. The reserves and production capacity of oil exporting countries are substantial, but some wells can only be run proffitably when the price is high. So, as demand increases, the price rises, and greater quantities can be supplied. No shortage, but higher prices.





    Oil is traded in dollars, so it's not a simple case of the dollar weakening against another currency. Though that, too, is part of the reason the price is rising, here. When the EU or some country that has enjoyed currency apreciation vs the dollar bids for oil traded in dollars, they effectively bid more dollars when paying the same price in thier currency.
    Plans. Everything from the falling dollar to the food shortage in poor countries is carefully planned. Oil is running out and that is the reason for everything that is happening today. The world is bang in the middle of world peak production. Anyone that doesn't understand this really needs to become informed if they don't want to perish when the worst of it comes. I suggest anyone that doesn't want to starve go out and learn how to grow vegetables in your garden and become self sufficient. The good times are about to come to a fairly abrupt end.





    lol it amazes me when peasants truly believe that the people that run the show do things on a whim, that they never plan things, that they are fully incompetent, that they couldn't contrive to do anything but wake up in the morning and make their way home without killing themselves on the roads at night. lol people actually believe Dubbyah's joker persona is one that he is rather than one that he has contrived to make you fools believe that he couldn't organise a piss up in a brewery. Everything is planned. Not everything will go according to plan but EVERYTHING is planned in advance.
    Know a little about economics, but I'm certainly no expert. I suspect it's some of each. If it were all the falling dollar, wouldn't the prices of electronics, which almost all come from Asian countries with their own currencies, be going up faster than the price of oil, a good deal of which we produce in this country? Certainly the idea that a lot of poorly managed oil producing countries (Venezuela, Russia, etc.) are driving their ability to produce into the ground just as China, India, and others are boosting demand, isn't a myth.
    The economies of China and India have increased the worldwide demand. In the USA we haven't built any refineries since Jimmy Carter was in office because of the wacko conservationists. Demand in the US has gone down by 1% but without the refining capability here, there is a bottleneck at the refining level. The other factor is the speculators who are involved with the oil futures.
    People will often cite the sinking dollar and increasing demand for high gas prices, but if those were the crucial factors one would expect the oil companies to be hurting as much as the consumers. They're not. No, with record high gas prices, $5,000 in untraceable U.S. taxes per second going into Iraq and record high oil company profits, I'm thinking it's mostly greedy oil execs who are not only free, but encouraged by stock holding politicians to set oil and gas prices as high as they like. They like 'em high. Surprise.
    What shortage? You can't buy oil or refined products? Is it being rationed? Remember when Katrina hit those refineries and part of the South lost access to refined products for about a week? That was a (temporary) shortage.





    What shortage are you alluding to?
    I saw that gas is 17 cent a gallon in Venezuela





    Even I could afford to fill the tank in my B52 at Hugo's gas station.





    Chow me amigo





    BTW nice ';new'; avatar. You have a New Avatar I have a new Name.
    No but Howard Dean is sure making a lot of money lately. DEAN WHITTIER Stock Brokers.

    Is there any way to profit off of the oil prices going up, like buying stock?

    Lots of ways.





    Depends on what you like.





    ETFs/holders are probably the best way. You can invest in:





    USO = is pegged close to the price of crude oil


    OIH = is oil holder


    OIS = oil svcs holder





    You can also buy individual stocks like FTO (FRontier oil) or HAL (Halliburton)





    You can also buy other energy stocks if you think there'll be a halo effect.





    Be sure you know what you're doing first and are comfortable with you decisions about following energy and alway practice safe money management!





    Hope that helps!Is there any way to profit off of the oil prices going up, like buying stock?
    You can buy individual oil stocks or USO (oil ETF ). You may also buy


    XLE ( Oil stock ETF). Look them up in Yahoo finance or Google.Is there any way to profit off of the oil prices going up, like buying stock?
    Of course. Oil stocks.





    http://www.nabloid.com
    Buying oil company stocks is a great way to profit. Pick one or two different ones, maybe a driller and a distributor.


    Or you can by an ETF which is linked directly to the price of oil.
    better than that.... sell dipetane
    You could try trading oil futures. Start here: http://www.integrityenergy.com

    Why in the face of rising gas prices is the US shipping some oil overseas?

    I heard a long time ago we were shipping oil from Prudhoe bay to Japan. Is this still true?Why in the face of rising gas prices is the US shipping some oil overseas?
    The U.S. does not ship oil, it is done by the companies who drill for, and extract crude from the ground.


    If a company has a contract with a country, they must fulfill the terms of the contract or face massive lawsuitsWhy in the face of rising gas prices is the US shipping some oil overseas?
    They're not shipping oil.
    no

    With the rising prices on everything from gas to cooking oil, what are some ways to save money?

    everything is going up in price...i noticed at the store today that cooking oil went from $1.88 and is now $3.28.....with the growing price on everything, what are some ways that my family can save money?With the rising prices on everything from gas to cooking oil, what are some ways to save money?
    You have to start thinking S-M-A-R-T. What kind of cutbacks can you make? For example: I drink bottled water. Now at $1 a bottle on something that covers over 65% of our planet is not smart. So I bought one of those water filters that screw into your faucet. I have bottles that I refil over and over again. I take them to work. Do you have a lot of small appliances around that house that are always on? I cut my electronic bill almost in half by unplugging all the clock radios and night lights. I also bought some of those florescent bulbs that look a lot like a regular bulb. These things use 80% less electricity than regular bulbs. You would be surprised, but these small things add up. I know I was spending money on the water filter and energy efficient bulbs but these things will pay for themselves in a month providing they pertain to you. If you really need the money right away start cutting back on your food costs. Romain noodles cost a dime and they taste just as good as campbells chicken noodle that costs $130 a can. Ok no chicken in romain noodles, but you are probably just missing about 4 tiny pieces of chicken. Put a brick inside your toilet 'chamber'. You will use a little lesser water each time you flush..Before you know it you will be ahead. Wanna be creative? Find yourself leaving lights on? Buy a motion sensor switch, the lights will turn on when you enter the room and will turn off (by a set amount of time) when you leave the room. I have one, they cost $15 at HomeDepot. Need new windshield wipers for your car? Who says you have to buy 2? You only need the new one on the drivers side, leave the old wiper on the passenger side. So remember you have to start thinking S-M-A-R-T! Yours truly seahorsehawrey.With the rising prices on everything from gas to cooking oil, what are some ways to save money?
    One way I know about to save electricity is to actually unplug your appliances (not your fridge of course though!). Even when they're turned off, they will continue to use electricity as long as they are plugged in to the wall.





    The rising costs of prices...or a side effect of inflation, is something you can also protect yourself against if your family has any type of stock portfolio by investing in gold, commodities, or TIPS (treasury inflation protected securities). The article linked in my sources does a good job of talking about ways you can protect your investing portfolio and savings from inflation.
    Ya, tell me about it! Well, Google search 'money saving tips' and you will get lists of websites that give you more lists of how to save some money. A good one that I remembered is not to go shopping when you're hungry, since you're less likely to impulse buy. Also, try buying generic brands on some items, it's a lot cheaper. I could tell you a little more, but you should really research it and read it! There's some good stuff out there!


    Well, good luck!
    COUPONS! cut coupons, buy coupons on ebay, don't throw out coupons! Pack a lunch! Prepare it the night before and put a sticky note on the door that says ';don't forget lunch';.





    Fill up your gas tank at night or early morning. When its HOTTER, believe it or not you get robbed because the gas is bubbling from hot air and you get less! TRUE I researched it.





    Plan fun activities that DON'T involve driving like FAMILY BOARD GAME night and HOMEMADE PIZZA night.





    Start to think before you drive, what else do I need when I'm out and know that it costs you (depending on car) about $1 every 5 miles you drive! (give or take a mile).





    Good luck, my wife and I are expecting our third any week now (a girl finally) and I can't stop worrying about the $$$$
    In this modernized world, the prices of everything may rise... It's very natural!... But atleast we should try our best to save %26amp; conserve our energy %26amp; natural resources.... Like saving our electricity bills, cooking less food e.t.c...And then we can save our money %26amp; expenses... If you want to get more advice from me then you can mail to my E-Mail address: chowdhuryi92@yahoo.com My name is Imran Ahmed Chowdhury...
    From what I hear all my co-workers are talking about this new technology that will make our cars run on water?? I haven't bought it yet but I'm going to check it out first since that would save a GRIP...I will list the website below.
    Improve your financial skills so you could make more money. That solution is working for me.

    If the USA attacks Iran and there is war with Iran, will oil prices go higher?

    and gas prices too?If the USA attacks Iran and there is war with Iran, will oil prices go higher?
    Absolutely!If the USA attacks Iran and there is war with Iran, will oil prices go higher?
    Probably in the short term - but lower long term
    Probably not since we would remove a large chunk of demand.





    The oil is under ground so if we nuke Iran it probably would not get irradiated, but, how would anyone get it out? The supply would go down, but, most of Opec would increase their output to make up for that.





    I believe it would result in a net no-change.
    Been indirectly following oil price since 68, and almost anytime there is any instability in world affairs oil prices have gone up, so think it safe to assume WW3 will cause them to rise, but how much is the question. Can remember when most said gas would never be more than dollar. At some point it will stop, but if Hillary ADM and Iowa corn grower have there way not anytime soon.
    I'm from Iran and i ensure you it will go higher.because the region will become unstable and it will makes it harder to transport oil from it. so it will definitely increase the cost my friend
    Yes my friend it will surely go higher, it aint no prpaganda or lie.
    I assume you're talking about Chavez' prediction. he may be a dictator and a sorry excuse for a human being--but in this case he is correct. An attack on Iran would undoubtedly drive oil prices higher--much higher. And of coure, as oil prices rise, so do gas prices.
    You can bet your sweet bippy they will. Why would you expect anything else? Oil is pushing $100 per barrel and could easily reach $200. per. Buy an electric scooter you will need it.
  • soft lips
  • What was the price of gasoline when oil cost per barrel was 64.00 years ago?

    gasoline pricesWhat was the price of gasoline when oil cost per barrel was 64.00 years ago?
    go here





    http://www.gasbuddy.com/gb_retail_price_鈥?/a>





    it will graph gas versus oil price over last 6 years if you click show crude oil price below graph





    answer 2-2.80 per gallonWhat was the price of gasoline when oil cost per barrel was 64.00 years ago?
    i dont know. but i live south of houston,texas and we can get gas for $1.89 right NOW!!!!!!!!!!!!!!!!!!!!!! its SWEEET.
    about 2.50 a gallon
    It averaged about $2.00.
    99.9 gal

    Average price to heat a house with oil? per month ?

    Here on Long Island...an average sized home would run between 2000 -2500 for the season...October - MarchAverage price to heat a house with oil? per month ?
    No average would be meaningful. The old Victorian I grew up in in Boston probably costs over $1,000 per month these days. Your location, the size of the house, how well it's insulated, your usage patterns, etc. will all have a significant impact on your costs.Average price to heat a house with oil? per month ?
    Where ? Buffalo NY ? Los Angeles ?


    What size house ? 1500 sq ft ? 4000 sq ft ?


    What insulation rating ?


    Double pane windows ?





    Get some relevant info and get back to us or


    Ask the oil dealer in your area .





    %26gt;

    Why does the oil prices go on increasing though the oil production has increased........????

    I think it is a speculative bubble in the oil futures market. Traders have been relentlessly piling onto what is perceived as a cash cow. Eventually, as the demand for oil diminishes because of the high prices, traders will begin to take profits by selling their contracts. However, they cannot all do that without crashing the price. When the bubble bursts, many traders will get burned, and the price of oil will plummet, probably well below $100 a barrel.Why does the oil prices go on increasing though the oil production has increased........????
    Two reasons, one of whom I'm a bit unsure about and am not too certain about whether I should lay the blame soely on that.





    1. There is speculation. People are still buying oil futures, which increases prices. [more demand, even though its artificial-%26gt; means even higher prices]. So that is possibly why gas prices are high. Higher demand still from speculators. However, their role is still debated-- I think they play a role but not the main role.





    2. Demand is still high. From other parts of the world, there is high demand right now. China and India have increasing demand. So that is also why oil prices are high.





    They'll stay high I think, but I have hope they will go down. I don't support drilling here though-- there won't be enough oil, and no impact (no important impact) from us drilling within offshore places until the year 2030- and that's accoriding to a report from a White House group.Why does the oil prices go on increasing though the oil production has increased........????
    Speculators.

    Oil prices are high globally. So is it fare to pose windfall profit tax to US oil firms for having profits?

    Oil prices are not set by oil firms. If we tax US companies, foreign oil firms and oil countries make more money while US companies suffer.


    Oil prices are high globally. So is it fare to pose windfall profit tax to US oil firms for having profits?
    You have a valid argument, but it fails in the face of the truth: those who want to 'solve' the oil crisis are the very same who created it ... by stifling oil companies to such an extent that they can't be competitive world wide. FYI ... the government makes more off of 'big oil' than all of those they arer pointing fingers at currently, and they will continue to when they manifest reforms ... lol. And people will be so gullible that they will accept it. After all, we are all for change! Oil prices are high globally. So is it fare to pose windfall profit tax to US oil firms for having profits?
    Is it fair to any US taxpayer to subsidize the most prosporous industry that the world has ever known?





    SUFFER! Please pull your head out of that dark and danky place and live in the real world.
    No. The govt makes more per gallon then the oil companies and they do nothing to earn the money except ';allow'; them to conduct business.


    Perhaps we ';should wind fall tax'; any all profits from any company because socialists always thing people having wealth is a bad thing and lets face it the govt is the new religion of the left.





    Batman is predicted to make over 400 million lets start taxing hollywood, Wal-Mart and McDonalds for that matter. Oil prices are high around the world because they tax per liter to pay for the ';free'; health care. Do some traveling then make a smart statement or a smart question.
    Oil prices are not high globally, in saudi arabia, they are paying 41 cents a gallon for gas, and in iraq 26 to 28 cents per gallon. the middle eastern states that have all the oil pay the lowest price for it. wonder why that is , and why havnet we cut off there wheat, impose embargoes and aide to there countires till the cut the darn price of there oil to us. ? so cant exactly call that global, because lots of countires dont !
    Corporations don't pay taxes. Consumers pay the taxes which the business adds to the price of its product as a cost of doing business.


    High corporate taxes are just one of the sneaky ways the pigs in DC screw us taxpayers. Tax gas profits; the price of gas goes up...ECON 101.
    Only if you are stupid enough to believe that the cost of the tax will not be passed on to the end users. This is why democrats should never be allowed to vote. They are too stupid to rationalize cause and effect of their actions.
    Exxon paid $30 billion in taxes last year.





    I guess Obama thinks that is not enough.
    This won't happen. If you knew the market you would know the oil companies are working on a close margin





    Study economics and you will see why your idea is wrong wrong wrong
    This tax has always been punitive and is counter to our free market system ... our government has set the oil industry on the pedestal with our weak dollar ... now we are looking for a scapegoat
    No, just another democrat looking for an excuse to tax it is a automatic relfex with them.
    that dog tried to hunt under carter and it didn't work. I have not heard one person that can explain what windfall profits are. that tax won't pass anyway. mr doodles
    Let's see. It was proposed. It didn't get off the ground and no one has mentioned it seriously lately. So why keep beating this dead horse?
    Ed said it all,theres nothing more I can add to make people understand.

    Why are gas prices going up even tho the oil is still down?

    I've notice that gas prices are going up. However I've notice that the barrel of oil is down. I know CITCO stopped donated heaing oil to families in need because ';The barrel of oil is down and demand is down'; so can anyone tell me why gas prices are going up even tho the barrel is going down?Why are gas prices going up even tho the oil is still down?
    That's exactly what I would like to know. Seems pretty much like gouging to me.Why are gas prices going up even tho the oil is still down?
    Refineries are busy upgrading/cutting production due to the low price/ demand of gasoline. It is not cost effective for them to drive the price of gasoline down by putting more product on the market. In other words, the refiners are hoping to weather the bad economy by cutting back production. It costs a lot of money to pay workers and operate refineries at higher production levels.
    high demand. The barrel of oil price does not necessarily determine your gas price. Our refining industry is maxed out.
    Because of greed by the treasury.

    Are the higher & higher oil prices a form of attack on America by the saudies?

    or?Are the higher %26amp; higher oil prices a form of attack on America by the saudies?
    If this keeps going, it will compromise our national security!!





    Our picnic location may have to be changed. The cost of jet fuel is making flying cost prohibitive!Are the higher %26amp; higher oil prices a form of attack on America by the saudies?
    No, it has been an attack by the Environmental Lobby, EPA, Federal Reserve trashing the dollar, our congress spending like drunken congressmen, political volatility in the Middle East and last but not least, supply and demand. Too bad we don't have a ';free market'; any more!
    That is what they would say if we started charging them more for grain for food.





    No, wait they would call that unfair, that we owe it to them...
    Gas costs more in almost every other nation in the world and I'm pretty sure the Saudis aren't attacking them all.
    Supply and Demand!!! Freepress you know this.
    We should invade Saudi Arabia for the 15 Saudi citizen terrorists that caused 911
    It doesn't have to be that way. The more we waste the bigger our problem will be.
  • soft lips
  • Will the price of petroleum and oil decrease without bush(cheaper)?

    will the price of petraoluim and oil decrease without bush? (cheaper)Will the price of petroleum and oil decrease without bush(cheaper)?
    Bush sets the price of OIL? I learn something from LIBERALS everyday!Will the price of petroleum and oil decrease without bush(cheaper)?
    Little, if any.
    the price of oil is determined by demand........go look at everything on the shelves at Wal Mart that say made in China on them...then ask yourself where did the Chinese get the energy to make all this stuff, let alone ship it across the Pacific?





    The price of oil has little to do with whether Bush, Reagen Clinton Carter or my dog Buckwheat is in the White House
    Probably not. However, the price of gasoline is more of a factor of the oil companies and how much they release to the refineries, as well as if they put the refineries back to full production...which they aren't at this time.
    Yes, I think the prices will drop when Bush gets out of office and when the war ends.
    that seems a fair point about Bush not doing anything to start sending some of that Iraqi oil over this way. If he started doing that I think the Limbaughcans would at least have a crying chance at the white house.i forget...tend to forget, no one would get rich that way, let us keep paying sky high prices at the pump
    He's put in so many bylaws and regulations it would take Solomon to figure it out.
    No, the prices are purposely set based on the production rates.





    Which is why the oil companies are in no hurry to get Iraqi oil fields on line. They'll wait until the Saudi/Kuwaiti production drops off then they'll suppliment with the Iraqi reserves to keep the price stable.
    I don't personally think so.
    No all the politicians have a piece of that pie. They are all making big bucks.
    it all depends on who gets into office and how shrewd they are in foriegn negotations
    Are you kidding. With the libs (read dems) fighting exploration and development here, supporting the joker in Vensuala, opposing the war on terror in the Middle East, their ';global warming'; scam, and their need to increase dependance so they can increase control, This is just another of their ';issues'; where they do not want solutions.

    I think oil prices will go up after the election. I own USO, what are some other ways to play it?

    I would check out this site





    http://oil-profits.org/

    What is the name and webpage of the company that sells oil paintings to the public at discounted prices?

    I went to one show where the oil paintings were displayed in a hotel ballroom off I-25 just north of Denver.What is the name and webpage of the company that sells oil paintings to the public at discounted prices?
    It sounds like you are thinking of the Starving Artist Group. Here's their Web page:


    http://starvingartistgroup.com/





    They sell painting for very low prices, but that's not quite the same as being ';discount.'; They hire people in places like Mexico and Asia to crank out dozens of paintings at at time. Still, if you like the end result, that's all that really matters.





    Good luck!!

    WHY DO GAS PRICES KEEP RISING WHEN OIL PRICES ARENT?

    Simple greed, supply and demand. they makes sure they get enough money that they think they deserve by the end of the month so they can charge anything cuz we are so dependent on it. its a monoply but they try and nt make it look that way but the oil companies work together it just one big one and make them look divided but in the end they all are way too rich to see others suffer.WHY DO GAS PRICES KEEP RISING WHEN OIL PRICES ARENT?
    It was up then and it was average. NOW after oil prices got better, the gas companies are making more now.WHY DO GAS PRICES KEEP RISING WHEN OIL PRICES ARENT?
    The dollar is weakened . Your $1 isn't worth $1 at the moment .