you can't tell me it cost $0.50 per gallon more to move the product with the volume of gas a train can move.
You're the expert, apparently. (??)
You take it from the pipeline and put it in a truck
(the pipelines don't have taps at every railway).
You drive it to the railyard.
You pump it into the railcar.
You pump it out of the railcar.
You drive the other truck to deliver...a bit longer.
Could it be cheaper? Sure, after years and amortizing
costs of infrastructure.
For now, closing refineries are spiking gas
prices, plus the oil adds to that.
So what is the "real" cause??? If panic is the full cause,
It isn't. Speculator panic, more like.
Deregulation gives us this gift.
where is the president giving us leadership to say there is no need for panic???
Actually, on the TV most days.
You must be watching TV that cuts him off.
Not fair to complain, then.
What happened just before the housing crisis hit in 2008??
It hit in late 2006.
Oil spiked to $150+/barrel with no shortage of crude or gas at all.
And surely...it collapsed when gasoline consumption plunged.
Remember? Guess not. That was: deflation. Up...down.
Who stood to lose a LOT of money if the banks failed due to a mortgage crisis??
Hard to understand what this means.
The biggest losers were loan originators
and default instrument traders. That's a fact.
I'm raking my mind to figure out how that ties in.
So my question....Oil is spiking again...for no real reason
The real reason is huge increases
in demand from China. That's been in
The Economist, Bloomberg News, and tons of places.
This is no surprise, all over the world.
You need to get actual news.
Helps you figure out things.
(until the jets fly in Iran)...
Well....Iran is the speculator's reason..
that much is true. But they make it go
..this is how they profit, not on steady prices.
what is the real crisis that is going to hit of which why they are dumping their money into oil to save their butts??...hence the market manipulation…
Sorta true, but the good manipulators dump on
the newbies. They're happy and safe then.
Inflation…well, they have been running the printing press for what 4yrs now….The other end of the economic equation has to show up somewhere!
Maybe, but this isn't a good example at all.
Gold is still stuck at 1600-1800 / oz. after a couple years.
I'm miffed, for one.
another conspiracy theory..
Actually, your theory of simple govt. printing is the
most legit. theory compared to others.
We've been round and round on where it comes from, though.
If energy or other resources rise a lot now,
I think the average American won't paid enough
to make it up. That means: declining standard of living,
because other people in the world outbid us.
Not an inflation spiral, but a sort of
slow vampire draining. A little inflation,
less credit, higher loan rates, lower % on
Y'now: like the last 5 years, on average.
Value and money sucked away.
Some bright news: China is paying huge bucks for
US pilots, and now teachers and middle managers.
That leads to my conspiracy theory:
US big biz and China are sucking the lifeblood away
on bad credit and speculation.
That's not hard to see, methinks.
I'd worry about my training and employability
more than the dollar. Either that or
find places where subisstance is cheaper.