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<blockquote data-quote="Vraille Darkfang" data-source="post: 2532018" data-attributes="member: 16989"><p>In Mid-missouri it runs from 2.59-2.69. </p><p></p><p>And, as mentioned.</p><p></p><p>At this point the cost of oil is artifically high. (OPEC keeps wondering when the price'll drop 10-20 bucks a barrell). Saudi Arabia & a few other oil plaes are ready to make up for the loss of Gulf Production.</p><p></p><p>The problem ain't the oil supply, it's the GASOLINE supply. With demand at record highs, gasoline refineries were producing at near capacity. Our refining system's been stretched to the limit for years now (decades even). Now several refineries have been knocked out for several weeks to months.</p><p></p><p>It doesn't matter how much oil is coming in, it's still going through a little-bitty hose that's just had a tourniquet applied.</p><p></p><p>Plus, the US is a car-based society. That happened in the 50's & is still as true today (if not more so) than ever. Our distribution system runs on semis from one corner of the county to the other. The US is BIG. I find most Europeans don't really understand how big until they drive from my place to my Grandma's down in Texas (through Kansas, Oklahoma, Texas). 12 hours of NOTHING tends to drive home the we're REALLY, REALLY, REALLY Frickin Huge! point rather well.</p><p></p><p>So, look for Gas to keep going up (probablly), Auto demand'll peak after Labor Day, so we might see prices drop.....</p><p></p><p>But Hurricane season's just began & it looks like it could be a bad one.</p><p></p><p>Vraille,</p><p>Happy, cause we just picked up our brand new 2005 Toyota Corolla that gets 40 mile MPG & ditched my 92 Ford Taurus that was down to about 12 MPG. So, I'm paying less for gas all things considered.</p></blockquote><p></p>
[QUOTE="Vraille Darkfang, post: 2532018, member: 16989"] In Mid-missouri it runs from 2.59-2.69. And, as mentioned. At this point the cost of oil is artifically high. (OPEC keeps wondering when the price'll drop 10-20 bucks a barrell). Saudi Arabia & a few other oil plaes are ready to make up for the loss of Gulf Production. The problem ain't the oil supply, it's the GASOLINE supply. With demand at record highs, gasoline refineries were producing at near capacity. Our refining system's been stretched to the limit for years now (decades even). Now several refineries have been knocked out for several weeks to months. It doesn't matter how much oil is coming in, it's still going through a little-bitty hose that's just had a tourniquet applied. Plus, the US is a car-based society. That happened in the 50's & is still as true today (if not more so) than ever. Our distribution system runs on semis from one corner of the county to the other. The US is BIG. I find most Europeans don't really understand how big until they drive from my place to my Grandma's down in Texas (through Kansas, Oklahoma, Texas). 12 hours of NOTHING tends to drive home the we're REALLY, REALLY, REALLY Frickin Huge! point rather well. So, look for Gas to keep going up (probablly), Auto demand'll peak after Labor Day, so we might see prices drop..... But Hurricane season's just began & it looks like it could be a bad one. Vraille, Happy, cause we just picked up our brand new 2005 Toyota Corolla that gets 40 mile MPG & ditched my 92 Ford Taurus that was down to about 12 MPG. So, I'm paying less for gas all things considered. [/QUOTE]
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