Oil Prices

[Gonz]

No Squiggy, I'll not admit your phantasy & call it an oil war.

Here's the headline in the Financial Times

Oil hits 13-year high amid low US inventories

Using a little deductive reasoning, shouldn't gasoline have averaged almost $2.00 a gallon in 1991? Did it & I didn't notice (I was in California after all)? Can somebody say more refineries?

 

[Squiggy]

If its not oil, what the fuck are we gonna do with all that sand?

 

[PT]

Beach Party for everyone?

 

[catocom]

If its not oil, what the fuck are we gonna do with all that sand?

Refine it maybe?
I could use some fine sand right now for my sandblaster machine.
I think the playsand is like 2 bucks a bag now.

or

maybe refill the kids sand box....

 

[paul_valaru]

Refine it maybe?
I could use some fine sand right now for my sandblaster machine.
I think the playsand is like 2 bucks a bag now.

or

maybe refill the kids sand box....

are you saying that troops invaded iraq cause they artifically inflated the price of sand?

Seriously OPEC controls the price fixing in oil, so unless the US wants to invade ALL those countries......(Oh god, I hope they don't take that as a suggestion)

 

[catocom]

are you saying that troops invaded iraq cause they artifically inflated the price of sand?

nah, just thinking that I need some sand.

 

[Squiggy]

Its not like this is the first Spring that they announced depleted oil supplies. They do it every year just in time for the summer rush...

 

[Professur]

Anyone have those production by nation figures handy? Consumption/production ratios would be cool too.

 

[A.B.Normal]

A lot of strife in Venezuela currently and since a lot of North American oil comes from there its giving them a reason to prop prices up.

http://www.findarticles.com/cf_dls/m3159/3_222/72659327/p1/article.jhtml

 

[MrBishop]

Frankly...I'm surprised that ANYONE here is at all amazed that oil prices are well controlled and well fought for.

As if people didn't notice that gas prices jump on Payday and just before long weekends

 

[paul_valaru]

Frankly...I'm surprised that ANYONE here is at all amazed that oil prices are well controlled and well fought for.

As if people didn't notice that gas prices jump on Payday and just before long weekends

yep, they caught on now, this time the gas prices went up on Wednesday instead of thursday

 

[Inkara1]

I always though sand was an important component in making glass.

 

[Professur]

Only very specific sand, Inkster. Regular beach sand will make glass that has a close resemblance to a brick.

 

[Inkara1]

Where do we get most of our glass sand at?

 

[Gonz]

Yuma?

 

[Sharky]

http://www.wtrg.com/prices.htm

 

[CydCharisse]

Here in Texas, it's betwwen $1.50 and $1.60 a gallon. I hear that's the lowest in all 50 states....

 

[MrBishop]

I think that you'll find that the price per barrel had SFA to do with the price of gasoline at the tanks.

Oil prices vary over very long cycles in comparison to the weekly or sometimes daily price cycles that we see at the pump.

Hey Cyd
$.855/liter
3.78 liters/gallon
3.23/gallon up here!

 

[Inkara1]

In US or Canadian dollars?

 

[MrBishop]

In US or Canadian dollars?

Canadian $...but that post is now irrelevant.

OK...two weeks ago, the price was $.759/liter..it jumped up to $.877/liter and slowly trickled down to $.844/liter by Monday.

On Tuesday...it jumped up 10 cents/liter to $.959/liter.
That's a .20c jump in prices in two weeks. Per gallon...that'd be about a .67c jump up!!!

So...here's the question.

What the fuck happened in the world in the past two weeks to warrant a .20/liter jump??!?