Quote:
Originally Posted by freeztar
It seems to be on everyone's mind (and wallet) these days, so I thought it would make for a good discussion here.
What is causing the higher prices? When and how will we see relief? What are the social implications of higher fuel costs? What are you doing to soften the financial blow? etc...
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There lots of reasons for high gas prices, speculators, lack of refineries, high demand, less than optimum oil production, all these things contribute to a synergy that pushes prices higher than they could be. One thing about the prices in other countries, most of the countries that have extremely high prices are small countries. You could take a tank of gas and drive almost anywhere in Germany but a tank of gas wouldn't take completely across my state of NC. this might not be fair but it's true. Add to that the fact that small countries do not have as much room for refineries as big countries and you get very high prices. It's sad we (the US) doesn't have enough refinery capacity to prevent the need to import refined gasoline. This is driving prices up as much or more than any other reason. But it is our own fault, no one want a stinky gasoline refinery near them "NIMBY" so they are not being built to meet demand.
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Michael
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