Toystoretom
Living Legend
- Joined
- Feb 25, 2006
- Messages
- 2,449
Dang... it went up again. Regular unleaded is $2.50 a gallon here. Didn't they just haul these guys up front of Congress a few weeks age to explain why they had record profits once again?? Isn't this about the third time they've done this (had to go in front of Congress)?
I wonder why the people that do my 401K haven't caught onto this. They invest in things like GM and Ford... I guess they haven't heard about the oil or drug companies..
And why can't you buy gas cards at the current gas price if you want... kind of like a consumer gasoline futures market. Say gas went down to $2.00 a gallon, and you felt that was a pretty good price, you could buy 1000 gallons at $2.00 a gallon and put them on your card... and you would just redeem them at the pump with your card. Almost like buying minutes for your trac phone.
Back on March 25th the KC Star had an article about Canadian Heavy Crude. It is the second biggest known reserve of oil in the world. It is mixed in with sand and has to be processed out. Even doing that extra step... Canada is selling it for $35 a barrel less than the Benchmark light Texas Crude. All of out refineries except one can refine it, and yet Canada only supplies 5% of our needs. Canada wants to sell much, much, more to us... why aren't they??? Because we aren't buying for some reason...
It makes you want to smack the cat...
I wonder why the people that do my 401K haven't caught onto this. They invest in things like GM and Ford... I guess they haven't heard about the oil or drug companies..
And why can't you buy gas cards at the current gas price if you want... kind of like a consumer gasoline futures market. Say gas went down to $2.00 a gallon, and you felt that was a pretty good price, you could buy 1000 gallons at $2.00 a gallon and put them on your card... and you would just redeem them at the pump with your card. Almost like buying minutes for your trac phone.
Back on March 25th the KC Star had an article about Canadian Heavy Crude. It is the second biggest known reserve of oil in the world. It is mixed in with sand and has to be processed out. Even doing that extra step... Canada is selling it for $35 a barrel less than the Benchmark light Texas Crude. All of out refineries except one can refine it, and yet Canada only supplies 5% of our needs. Canada wants to sell much, much, more to us... why aren't they??? Because we aren't buying for some reason...
It makes you want to smack the cat...
