Quote:
Originally Posted by raymor
He said "gas prices go up because of speculation - more people buy stock in oil companies."
On the other hand, supply is obviously affected by the fact that we haven't been allowed to add any new refineries since 1976. Think about if since 1976 no one was allowed to start producing content. You had to buy only from photographers who started shooting in 1976 or earlier. How do you think that would affect rhe price of content? That's exactly what the greenies have done with gas - no new refineries, no drilling here, no drilling there, no new pipelines = supply doesn't keep up with demand = prices go up.
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ahh in that case I can agree with this
The problem is even worse in Canada, refineries shutting down because they refused to update them so now we have to export crude to the US to refine it so we have to buy back our gas from you and we pay more for gas in the process. Which is ridiculous.