Windy City Walleye Hunter Posted May 16, 2008 Share Posted May 16, 2008 Just be glad you are not in The Windy City, the lowest price around here is $4.07 for regular unleaded! Ouch.But make sure we keep the elk happy in Anwar by not drilling in an area that stays dark 23 hours a day for months at a time and is frozen solid and has almost zero population or tourism. You would not want to become self sufficient by drilling your own oil, it's much better to pay the foreigners $120 a barrell, that makes a lot of sense, thanks to all the liberal tree hugging democrats for that wise decision. The elk thank you! Next stop, $5.00 a gallon, should be here by the 4th of July.Windy Link to comment Share on other sites More sharing options...
Scott K Posted May 16, 2008 Share Posted May 16, 2008 Dont say that Windy, I will be driving down there for the Nascar race in July, I dont want to budget $5 gas for that trip. Link to comment Share on other sites More sharing options...
Bearfan1963 Posted May 16, 2008 Share Posted May 16, 2008 I think Windy's right. Here in Peotone Illinois it is 4.079. And I don't see it going down anytime soon. I don't think 5.00 is too far off in the future either. I just hope it waits until after my trip in June Link to comment Share on other sites More sharing options...
harvey lee Posted May 16, 2008 Share Posted May 16, 2008 WindyWindy, you are missing a few things. Day traders make up about 40% of the profit on a barrel of crude. They never touch it and only take alot of the money. We could start to drill where you would like but that certainly does not mean that the U.S. will see the oil. The oil companies sell their oil to whomever pays the highest price in the world market. Not that long ago in time, one could drive into the oil producing states and see the majority of the oil wells not pumping any oil, and one asks why. The reply is that the crude price was too low and many producer in the U.S. would not sell their crude for that.I don't belive that the final price of gas at the pump has anything to do with qwhere the crude comes out of the ground. Simply decided in the big conference rooms by a select few that control the crude market.I agree it stinks but one cannot blame 1 group for this issue unless its the oil barons. Link to comment Share on other sites More sharing options...
Scott K Posted May 19, 2008 Share Posted May 19, 2008 3.80 Today in Henderson! Link to comment Share on other sites More sharing options...
harvey lee Posted May 19, 2008 Share Posted May 19, 2008 $2.70 for ethanol in southern Minnesota at a couple different locations. Link to comment Share on other sites More sharing options...
Windy City Walleye Hunter Posted May 19, 2008 Share Posted May 19, 2008 Harvey,I agree it's not a one stop shop for the blame game but I got to think that if we get more of our own crude then at least our prices have got to go down. I know we also need to expand and build more refineries but you got to agree that being less dependent on the Cartel has got to help.Windy Link to comment Share on other sites More sharing options...
Scott K Posted May 19, 2008 Share Posted May 19, 2008 Windy, I agree with Harvey I dont think it would effect prices here much, because who ever it is that invests in the drilling to get the oil out is going to want to sell it for market price. It would be a dumb investment for them to sell it to the USA for less then they would get on the market. And if they were to try to flood the market to bring prices down, opec would decrease there output. Isnt this free trade agreement great? Link to comment Share on other sites More sharing options...
Windy City Walleye Hunter Posted May 19, 2008 Share Posted May 19, 2008 OK Commrads,I guess I can go for Government Run Health Care and Government run gas stations but I get to pick which vehicle I drive, DONT I?LOLWindy Link to comment Share on other sites More sharing options...
Scott K Posted May 19, 2008 Share Posted May 19, 2008 Ok you can pick that! lol Link to comment Share on other sites More sharing options...
harvey lee Posted May 19, 2008 Share Posted May 19, 2008 You get to pick whatever model the goverment allows the dealers to sell. Link to comment Share on other sites More sharing options...
Windy City Walleye Hunter Posted May 20, 2008 Share Posted May 20, 2008 Da Comrade!LOLWindy Link to comment Share on other sites More sharing options...
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