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The price of oil

The price of oil

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f

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What's going on nowadays with oil and economy in general?

Everytime we turn on TV we see all these disasters happening, and with them the price of oil raising. When and where is this going to end?
Are we just being conned? Is it really impossible to do more and get reachable prices for ordinary citizens who need oil to warm up their homes and be able to get to work everyday?

I think I've had enough of these prices and I'll start walking instead of using my car, since I live in a handy city. But what about those living in impossible walking places?

D
A Lost Bobby

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Originally posted by flykiller
What's going on nowadays with oil and economy in general?

Everytime we turn on TV we see all these disasters happening, and with them the price of oil raising. When and where is this going to end?
Are we just being conned? Is it really impossible to do more and get reachable prices for ordinary citizens who need oil to warm up their homes and be able ...[text shortened]... my car, since I live in a handy city. But what about those living in impossible walking places?
Do you live in the US? Because the fuel prices in Europe are a lot higher than in the US becuase of fuel taxes. (The UK is almost $7.20 to the gallon whilst the US is only $2.80 to the gallon. - £1 a litre in the UK to 38p in the US).

f

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I live in Spain, which has the lowest price of Europe at the minute, despite the new measures of the Spanish government to raise the taxes to pay the health system. Anyway, I am originary from Ireland (Eire) and I know exactly what you're talking about, but didn't realise the difference between US and Britain prices... makes me more convinced to stop buying it.

Seems that now in the US prices are going to start getting worse, due to this natural disasters which stopped the production in Texas. How did the US population feel until this moment about prices, and how do you think they are going to be affected from now on?

TCE

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Originally posted by DOlivier2004
Do you live in the US? Because the fuel prices in Europe are a lot higher than in the US becuase of fuel taxes. (The UK is almost $7.20 to the gallon whilst the US is only $2.80 to the gallon. - £1 a litre in the UK to 38p in the US).
Did you say $7.20/gallon or is that a typo? How do companies stay in buisness? Are the salaries higher?

w
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Originally posted by flykiller
What's going on nowadays with oil and economy in general?

Everytime we turn on TV we see all these disasters happening, and with them the price of oil raising. When and where is this going to end?
Are we just being conned? Is it really impossible to do more and get reachable prices for ordinary citizens who need oil to warm up their homes and be able ...[text shortened]... my car, since I live in a handy city. But what about those living in impossible walking places?
Nothing will change about the gas and oil industry until the US feels serious, negative effects. Assuming neccesity is still the mother of invention that is? Last I heard they still had an amicable mother/son relationship.

Nobody burns more gas and oil than we do. We're petrol pigs. This leads into the argument as to WHY no energy alternatives are being seriously pursued in the US? And that's because the oil industry and the automobile industry aren't insterested yet. And if those two giants aren't interested our politicians aren't going to get off of their butts and do anything.

So in the end it's all about money. Gas prices here recently hit $3.30 per gallon. They've now dropped below $3.00. Unless gas hits about $5.00 per gallon in the US I don't see us making any changes.

TCE

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Originally posted by wib
Nothing will change about the gas and oil industry until the US feels serious, negative effects. Assuming neccesity is still the mother of invention that is? Last I heard they still had an amicable mother/son relationship.

Nobody burns more gas and oil than we do. We're petrol pigs. This leads into the argument as to WHY no energy alternatives are being ...[text shortened]... elow $3.00. Unless gas hits about $5.00 per gallon in the US I don't see us making any changes.
I believe that the new hydrogen cars are a promisinig sign.

Moldy Crow
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Originally posted by flykiller
I live in Spain, which has the lowest price of Europe at the minute, despite the new measures of the Spanish government to raise the taxes to pay the health system. Anyway, I am originary from Ireland (Eire) and I know exactly what you're talking about, but didn't realise the difference between US and Britain prices... makes me more convinced to stop buy ...[text shortened]... until this moment about prices, and how do you think they are going to be affected from now on?
I think it's going to be a rough winter . Where the US will really be hit is with home heating prices . A really bad sign of this is natural gas suppliers already offering financing for customers with their utility bills . People can choose to stop driving , but can't choose not to heat their homes . This is going to be a real crunch for elderly on fixed incomes . (Prices for home heating are expected to rise well over 50% above last years costs this winter .)

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