Oil prices are at the lowest levels since early May. Why is our avg price $ per gallon not that low again?

Saturday, December 19th, 2009

In early May, the average price $ per gallon in the U.S. was under per gallon. Right now, with oil back at that previous level, gasoline is still hovering around per gallon. Tell me that Exxon Mobile is not gouging us.
Go Broncos…Theoretically, yes that is the way it is SUPPOSED to happen but [...]

Posted in Crude Oil | 4 Comments »

Why do Republicans think drilling for more oil will somehow lower the gas prices?

Monday, September 14th, 2009

The way NAFTA is set up,
the highest bid buys the oil
no matter what country
McCain likes the free trade
the way it is, and doesn’t want
any changes to it
So if the Saudis out-bid Exxon/Mobile,
we will still pay roughly the same high
prices for gasoline
only it will be the Saudis selling us
what is supposed to be our own oil

Posted in Questions | 25 Comments »