I am basically conservative and this is not a conspiracy. Just a good old
fashioned fuck job of the working man. Big difference. Bush is a good
President but the oil thing is out of control. He is not perfect.




"SuperDooperNEOCON" <blue__oval@yahoo.com> wrote in message
news:bi9bc6016ok@enews1.newsguy.com...
> Too bad the article you posted doesn't support your liberal kook
conspiracy
> drooling.
>
> "PlanetJ" <planetj7@bellsouth.net> wrote in message
> news:aAy1b.3516$lq.1286@fe04.atl2.webusenet.com...
> >
> >   Let's see. Ex-oil man in White House
> >                   Ex-oil man as Vice-President
> >
> >   War in Iraq costing US taxpayers about 3 Billion a month and American
> > lives almost each day
> >
> >   Iraq 2nd largest oil field on Earth
> >
> >   Gas prices going up and up and up
> >
> >   Is it me, or are we getting bent over without a kiss, grease or reach
> > around?????
> >   Brace for shock at pump
> >   Gas prices may reach highest level in history
> >   By NELSON ANTOSH and JENALIA MORENO
> >   Copyright 2003 Houston Chronicle
> >
> >   The highest gasoline prices in history appear to be just down the
road.
> >
> >   Dwindling supplies in the face of increased demand threaten to push
pump
> > prices over the national record set last mid-March, when markets were
> shaken
> > by the prospects of a war with Iraq.
> >
> >   On Thursday, the markets "went ballistic," says Tom Kloza, chief oil
> > analyst for the Oil Price Information Service in Lakewood, N.J. That
means
> > the highest pump prices ever seen are just a few days away.
> >
> >   The futures price in New York jumped Thursday by more than 9.5 cents,
> the
> > biggest move since 1991, while cash market increases of 10 to 15 cents
> were
> > common across the country, Kloza said. The wholesale price in California
> is
> > already at a record.
> >
> >   That puts the nationwide retail record average of $1.722 on March 18
> > within striking distance, as well as the Texas record average of $1.616
> also
> > set on that date and the Houston record of $1.639 set May 12, 2001.
> >
> >   "The pump prices are moving," said Alan Stanley, an oil trader who
> didn't
> > see anything less than $1.55 on his drive home Thursday afternoon. The
> > wholesale market follows the futures market on a daily basis, he said,
and
> > pump prices trail not long after that.
> >
> >   "Isn't it pitiful," Mary Mechler asked while paying $1.56 a gallon at
a
> > Chevron station on Washington Avenue. She pumped $18.60 worth into her
> > 8-year-old Toyota Camry, "and I only got three-fourths of a tank."
> >
> >   "Outta sight," said retiree Andrew Elliott, in a pickup that he plans
to
> > drive as little as possible. Ray Guerra was surprised by the $1.59 per
> > gallon at a Texaco, speculating that the gasoline sellers are "playing
the
> > Labor Day weekend."
> >
> >   AAA spokesman Justin McNaull in Washington said the markets hate
> > uncertainty and that accounts for the big jump in the cash markets.
> >
> >   The current dilemma for drivers dates back to early summer when
gasoline
> > inventories were lower than normal, only to be drawn down further in
> recent
> > weeks. Meanwhile, demand increased as the summer progressed.
> >
> >   A lot of people delayed their travel because of a cold and wet spring
in
> > the Northeast and the war with Iraq, according to the AAA. Now they are
> > taking a last shot at summer vacation, with predictions that 28.2
million,
> > or 2.2 percent more than a year ago, will travel by motor vehicle on
Labor
> > Day weekend.
> >
> >   Meanwhile, gasoline output has been hampered by a spate of refinery
> > problems, and gasoline imports have fallen.
> >
> >   The Wednesday federal inventory report showed another weekly decline
in
> > gasoline, but it wasn't until one of the biggest refiners in the
Northeast
> > started buying in New York harbor that prices really took off, said
Kloza.
> >
> >   This action "spooked a lot of the others," who began to worry about
> > getting enough gas of the right specifications to make deliveries on
> > contracts.
> >
> >   Stanley said that people realized, all of a sudden, "there really
aren't
> > that many barrels for sale out there."
> >
> >   But the high prices aren't expected to last for long. Gasoline that
> sells
> > on the West Coast for the equivalent of crude oil at $77 a barrel isn't
> > realistic and will correct itself, according to Kloza.
> >
> >   And high prices will take a toll on demand, which could back off even
> > before Labor Day, said Stanley. Demand usually stays fairly strong until
> > Labor Day, then drops.
> >
> >   Another positive wild card for motorists is that imports could be
drawn
> > back into the United States by the high prices here, said McNaull of the
> > AAA. They fell recently because the Europeans found better margins at
> home,
> > he said.
> >
> >
>
>