$3.99 today in the New Way To Go$3.84 in Newaygo MI, down from $3.99 last wek
If we can export so much oil in the near future, are they going to stop importing. The way I read it, most or all the oil coming out of Alaska is exported to Japan. Why do we export our oil and then import oil from the Middle East? The whole thing seems a shell game to keep costs up and make more money and create artificial shortages so they can keep the prices high. Supposedly the US hasn't built a new cracking plant in 20-30 years. Now when someone at a gasoline plant sneezes, the price goes up. WHY does our "altruistic" and benevolent government allow this? I'm sure they could put language into to oil leases requiring the construction of additional plants.3.99 today in Holt, Mason, Lansing Ionia
Michigan,
Last night on National Propaganda Radio, they were talking about domestic production of natural gas and oil, how the US would become the largest world exporter of oil by 2020.
I believe the price will go up as the dollar value increases against other world currency.
This is an interesting turn of events on the government proping up the currency and keeping us solvent.
If we can export so much oil in the near future, are they going to stop importing. The way I read it, most or all the oil coming out of Alaska is exported to Japan. Why do we export our oil and then import oil from the Middle East? The whole thing seems a shell game to keep costs up and make more money and create artificial shortages so they can keep the prices high. Supposedly the US hasn't built a new cracking plant in 20-30 years. Now when someone at a gasoline plant sneezes, the price goes up. WHY does our "altruistic" and benevolent government allow this? I'm sure they could put language into to oil leases requiring the construction of additional plants.
You can't DRINK gasoline. Within a decade, you will be paying more for a gallon of water than gas.Sorry...our Nanny State has so over-regulated the industry, that it's damned-near impossible to build a new refinery. THAT is why gasoline is, and will be, expensive.