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24-07-04, 11:48 PM | #1 |
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Join Date: Oct 2003
Location: atlantic canada
Posts: 95
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oil & gas prices???
does anyone know what factors cause the gas prices to rise and/or decline so frequently?
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25-07-04, 05:33 AM | #2 |
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Join Date: Mar 2001
Posts: 3,742
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Not sure about the sudden lowering of the prices as I've never seen that happen but as for rapid rising of gas prices:
Well it seems the best way to make that happen is to elect an oil man to the White House. |
25-07-04, 11:17 PM | #3 |
Earthbound misfit
Join Date: May 2001
Location: Moses Lake, Washington
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I can't say I know what affects gas prices, but I guess it boils down to supply and demand. Getting oil out of the ground is fairly easy, refining it and producing gasoline is the hard (i.e. expensive) part. Refineries in the US have been closing over the years, so instead of importing crude and refining it ourselves, we import refined gasoline which naturally costs more than the homemade stuff. You look at European countries that have no oil production whatsoever and their gas costs more than $5 a gallon, while over here we produce less than half our own gas so the price stays below $3.
Personally I think people should convert their cars to natural gas. It comes out of the ground ready to use so it's way cheaper and it burns cleaner too. But then I also think cars should use gas turbine engines instead of internal combustion, so maybe I'm just crazy. |
26-07-04, 08:18 AM | #4 | |
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Quote:
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26-07-04, 08:34 AM | #5 | |
Keebeck Canuck
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Quote:
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26-07-04, 12:33 PM | #6 | |
Join Date: May 2001
Location: New England
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Quote:
- js. |
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