Oil Prices
- Thread starter Gonz
- Start date
MrBishop
Well-Known Member
Gonz said:
Yeah...but its a shame that Esso, Shell etc...are not our friends, and despite the price of oil... they still insist on playing the prices their way.
OPEC has enough oil reserves to last generations...a temporary oil price adjustment shouldn't affect their overall inventory all that much..especailly if they use stock-averaging...like they should.
I won't get into economics'cept to say that they set the price and agree on it despite claiming to not be working together.
MrBishop
Well-Known Member
Date Price per Liter Conversion Price Per Gallon American $
03/14/04 ¢84.40 3.7854118 $3.19 $2.33
05/01/04 ¢77.70 3.7854118 $2.94 $2.15
05/03/04 ¢87.70 3.7854118 $3.32 $2.42
05/04/04 ¢97.70 3.7854118 $3.70 $2.70
05/05/04 ¢96.50 3.7854118 $3.65 $2.67
05/06/04 ¢95.50 3.7854118 $3.62 $2.64
05/07/04 ¢94.50 3.7854118 $3.58 $2.61
03/14/04 ¢84.40 3.7854118 $3.19 $2.33
05/01/04 ¢77.70 3.7854118 $2.94 $2.15
05/03/04 ¢87.70 3.7854118 $3.32 $2.42
05/04/04 ¢97.70 3.7854118 $3.70 $2.70
05/05/04 ¢96.50 3.7854118 $3.65 $2.67
05/06/04 ¢95.50 3.7854118 $3.62 $2.64
05/07/04 ¢94.50 3.7854118 $3.58 $2.61
catocom
Well-Known Member
It's just price gouging....
http://www.opec.org/NewsInfo/DailyBasket/basket.asp
and there won't be a thing done about it.
They'll lower the prices when they get good and ready. (like they care, as long as they get their pockets lined)
http://www.opec.org/NewsInfo/DailyBasket/basket.asp
and there won't be a thing done about it.
They'll lower the prices when they get good and ready. (like they care, as long as they get their pockets lined)
Thulsa Doom
New Member
Lets hope to god!
Inkara1
Well-Known Member
The Texaco Station next door to me is charging $2.21 a gallon (all US currency and measurements), and Fresno/Clovis is traditionally one of the cheapest places in California to buy gas. So when adjusted for differences in measurements and exchange rates, your prices are pretty similar to what people in California pay.MrBishop said:
Uki Chick
New Member
MrBishop said:Yesterday - $2.42/gallon USD
Today - $2.73/gallon USD
That's nearly $1/litre 98.9 cents to be more specific...
all this after Saudi Arabia said that they'd INCREASE production by 1.2million barrels/day
Shouldn't that be DECREASING the price of gas??!?!?!?
You'd think it would decrease. The fact that the government flatly turned down the idea to diminish the amount of tax we are paying on it makes me just as sick.