Thread: Gas prices

Originally Posted by eagle 1

Ms. gas tax is by percentage is it not ?

Correct, as well as federal.

Originally Posted by eagle 1

Does opec stop us from drilling here ? opening the pipeline to Canada ? Like you , I would like to see us use our own regardless if it goes back up . but to allow a monopoly to them is crazy .

OPEC has refused recently to curtail production to increase prices like they have done for so many years in the past. This is an attempt to choke us, unfortunately if it continues it will. After nearly 40 years being in this business, I know when to buckle the seatbelt. We're trying fellas.

Cleveland diesel is 2.88 and gas is 2.03

We need to go to Russia. The Ruble had lost 44% to the dollar in the past two weeks. Interest rates have gone up to 18% and the Russian economy is almost to collapse just because oil prices tumble

Wish I owned a big tank. Buying gas right now would be a way better investment in any stock market. Its bound to go back up.

Originally Posted by torch

We need to go to Russia. The Ruble had lost 44% to the dollar in the past two weeks. Interest rates have gone up to 18% and the Russian economy is almost to collapse just because oil prices tumble

This would have never happened had we been using our own oil. Russia shouldnt be dependent on our oil consumption to keep their economy going, we have plenty of oil, pump and use our own!!!

Originally Posted by Rees Guide

This would have never happened had we been using our own oil. Russia shouldnt be dependent on our oil consumption to keep their economy going, we have plenty of oil, pump and use our own!!!

Russia's problems stem directly from low prices. I believe OPEC did not cut back, to hurt Russia more than us. Far as the keystone pipeline, I don't see the benefit except to Canada. Very few permanent jobs. And quite frankly, the US is refining about as much oil as we can already. We actually need some new refineries. To be able to refine our new oil and export it. Sure did not seem this way in the 70's and recently as well.

We need to move further away from dependence on oil altogether! There are alternatives though some might not be as cost efficient (yet) as need be.