2 Answers

Tell me about it man!They jack us for gas up here in Canada everytime we turn around...today it's 1.35 a litre which is 5.40 a gallon!!!OUCH said the pocketbook!!

They are shutting down refineries here in the USA to control production.  It's not only the raw crude, its the refining of that crude. If they shut down the refineries in makes no difference how much oil is pumping through the pipelines.  To scare OPEC, we need those refineries operating and then we need to drill.  Just the word of 'drill' scares some people because they know this will cause a drop in the prices at the pump and they make tons of money keeping prices high, the really bad part of it all is these same people that are profiting from this are the same people that make the rules. People blame the oil companies when its not their fault, its speculators betting on the future and they are the same ones that rule the future. Best thing to do is drill and open the refineries, then they will pull out and prices will drop-- BEFORE a drop of oil is pumped!   Speculating that future there will be an abundance of oil they won't drive the market.  'Supply and Demand' is controlled by investors, not nature.  The 4.5 billion years of petroleum deposits are nowhere near depletion.  For every person that says 'we must get prices higher' to wean off of foreign oil dependency'  Please!   I would love to see their portfolio as they are the biggest investors in oil--  make sense?  You have tons of eco-nuts out there that fall for this because they tie it in with pollution and clean air act. Who will win?? Not us. we lose unless you too can get into the oil market-- Actually many of us already are, i have a portfolio but i don't play the game, i hire it done for me and I will bet that I have stock in oil as well.   I dunno, I never look at where they put my money, I  just look at the money and what it is doing--