Monday, August 23, 2010

Why can't we have access to our oil reserve .........?

and I know this will bring the price of gasoline down about half.Why can't we have access to our oil reserve .........?
Oil reserves are stored in case the oil runs out.





Now, they could use the oil reserves to offset the current high prices, but to maintain the reserves they would have to refill them at the current high prices. Which means, they would have to sell the oil reserve to you at the same high price, plus the cost of storage, making the price even higher.





So the only way they could sell the oil reserves to you at a lower price would be to deplete the reserves, hoping the prices will drop later, when they could fill them up.Why can't we have access to our oil reserve .........?
There is no need to use the reserve just because inflation has raised the price of gasoline. All prices go up. To try and regulate the economy is socialism and it will fail. The rise in the price of gasoline is no higher than the rise of anything else we buy. It's just that gasoline stays stable for long periods and then jumps up all at once. Rather than just going up a little at a time like other things. So it is noticeable and winds people all up.
The oil reserves are for emergency only. High gas prices are not worthy of tapping our reserves. So they say.
we need it to fight the final battle of Armageddon.

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