JoeJoe Posted February 28, 2011 Share Posted February 28, 2011 That's what I'm talking about darkie.. was it? Link to comment Share on other sites More sharing options...
Elixabef Posted February 28, 2011 Share Posted February 28, 2011 Uhhh, yeah it's called inflation, along with a number of other factors. Unrest in north Africa and the Middle East has/will have perhaps the biggest influence in the foreseeable future. Our dependence on that is gonna really start to show. Link to comment Share on other sites More sharing options...
Shawn1814 Posted February 28, 2011 Author Share Posted February 28, 2011 Political unrest in Libya, a member of the Organization of the Petroleum Exporting Countries and the world's 12th largest oil exporter, is widely credited with the escalating U.S. gas prices, but there is little direct connection. According to a report in the Los Angeles Times, Libya exports the bulk of its 1.8 million-barrel-a-day production to Europe, which might lead some to question why turmoil and violence there would affect U.S. prices. ”Even though the U.S. is not necessarily sourcing Libyan oil, you have a price market process that's at the global level,” explained Erick Eschker, Humboldt State University's interim associate dean of the College of Professional Studies and professor of economics. “The reason why we see price volatility in markets such as that is that the demand curve is very, very steep.” AAA Northern California spokesman Matt Skryja said the price fluctuations are largely investor-driven, stating that demand for gasoline in the United States has actually decreased. Thursday afternoon, U.S. crude oil prices ended floor trading at $97.28 a barrel, down from a high of $119.79 earlier in the day, which analysts concluded meant speculators were backing away from assumptions that unrest in the Middle East would worsen. Link to comment Share on other sites More sharing options...
hotboy06 Posted February 28, 2011 Share Posted February 28, 2011 was it? Yes..your dark mind was in da gutta.. Link to comment Share on other sites More sharing options...
Shawn1814 Posted February 28, 2011 Author Share Posted February 28, 2011 Unrest in north Africa and the Middle East has/will have perhaps the biggest influence in the foreseeable future. Our dependence on that is gonna really start to show. We get most of our oil from Canada.. The top ten countries that the U.S. imports from: 1. Canada 2. Mexico 3. Saudi Arabia 4. Venezuela 5. Nigeria 6. Angola 7. Iraq 8. Algeria 9. United Kingdom 10. Brazil Link to comment Share on other sites More sharing options...
Elixabef Posted February 28, 2011 Share Posted February 28, 2011 We get most of our oil from Canada.. The top ten countries that the U.S. imports from: 1. Canada 2. Mexico 3. Saudi Arabia 4. Venezuela 5. Nigeria 6. Angola 7. Iraq 8. Algeria 9. United Kingdom 10. Brazil Yes, but that doesn't mean it doesn't have an effect. As you mentioned in your earlier post, the situation over there does effect the price of oil per barrel. Simple reaction to things can cause the price to go up. I do always forget about Canada though. Link to comment Share on other sites More sharing options...
Shawn1814 Posted February 28, 2011 Author Share Posted February 28, 2011 Yes, but that doesn't mean it doesn't have an effect. As you mentioned in your earlier post, the situation over there does effect the price of oil per barrel. Simple reaction to things can cause the price to go up. I do always forget about Canada though. I think everyone forgets about Canada.. lol Link to comment Share on other sites More sharing options...
Bailey Posted February 28, 2011 Share Posted February 28, 2011 All right and you? im bored as hell I dont think I want to watch the Oscars and I have an exam to study for that im fucking around on Link to comment Share on other sites More sharing options...
Shawn1814 Posted February 28, 2011 Author Share Posted February 28, 2011 im bored as hell I dont think I want to watch the Oscars and I have an exam to study for that im fucking around on I will be watching the Knick/Heat game until I leave for work.. Link to comment Share on other sites More sharing options...
Bailey Posted February 28, 2011 Share Posted February 28, 2011 I will be watching the Knick/Heat game until I leave for work.. so masculine that's basketball right Link to comment Share on other sites More sharing options...
Shawn1814 Posted February 28, 2011 Author Share Posted February 28, 2011 so masculine that's basketball right lol Yes lol Link to comment Share on other sites More sharing options...
Rock & Roll Hall of Game Posted February 28, 2011 Share Posted February 28, 2011 3.39 here Link to comment Share on other sites More sharing options...
downeaznboi Posted February 28, 2011 Share Posted February 28, 2011 i don't think i've seen gas below 3 dollars here in the sf bay area for a few years Link to comment Share on other sites More sharing options...
SianGracious Posted February 28, 2011 Share Posted February 28, 2011 Now that shit is up to 3.25...By the end of the week it might be up to 3.50.. I wish my tank was running on some gas that cost $3.03 that would be heaven. Gas prices up here is 3.45 and the cheapest I found was 3.29 Link to comment Share on other sites More sharing options...
lexus97 Posted February 28, 2011 Share Posted February 28, 2011 Now that shit is up to 3.25...By the end of the week it might be up to 3.50.. some station here in charlotte it was 340 this am Link to comment Share on other sites More sharing options...
Shawn1814 Posted February 28, 2011 Author Share Posted February 28, 2011 some station here in charlotte it was 340 this am Price gouging Link to comment Share on other sites More sharing options...
hotboy06 Posted February 28, 2011 Share Posted February 28, 2011 It would go up around the time I get to see Janhova.. Link to comment Share on other sites More sharing options...
lexus97 Posted February 28, 2011 Share Posted February 28, 2011 well its up here im such cuss its CIAA week.. and do u know it is legal to price gouge. yup! no law that says a bus cannot raise price to whatever they want. the only time it can be regulated is if there is a natural disaster like hurricane, etc Link to comment Share on other sites More sharing options...
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