Friday, July 30, 2010

In regards to the price of gas, would releasing some of the nation's oil reserves help the economy ?

It might be a short term solution...but really...the high price of gas is the impetus to move away from petroleum fuels. Lower the prices, and perpetuate the dependency.In regards to the price of gas, would releasing some of the nation's oil reserves help the economy ?
My Dear Tomjohn: As long as George Bush is the president of USA, and Chenny as a V/President, don't expect the gas price will go down soon. Because, they are in business for the generation. They want to get more profit using their status and creating artificial shortage of gas/oil.





Believe it or not,Tomjohn, this is a class struggle in the making. The poor become poorer and the riches become rich and the middle class disappear. So, to think George Bush will betray his class and will come to save the middle class and the poor classes is to be very naive. Please wake up and smell of your star buck coffee. Thank you in advance for your understanding !In regards to the price of gas, would releasing some of the nation's oil reserves help the economy ?
We have plenty of oil, we have no refineries. The economy is booming so more oil will not help it grow. If you doubt the status of the economy just check the DOW, it's just under 14,000.
We rely on petroleum for more than just cars. To ease the burden on petroleum, try using less electricity or buying food from local farmer's markets (particularly now that it is winter).
No, because they would have to buy it back sometime....
And just what is wrong with the economy the way it is? If the government would stop helping it, and us, that would help the economy in the long run.
No, it has nothing to do with oil reserves, and everything to do with the capacity to refine it into gasoline, and supply and demand as well as speculation. Its capitalism. There hasn't been a refinery built in the United States since the early 1970's, but 1/3 as many cars on the road since that time. Unless we get going and build more refineries, this will continue to be a problem.

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