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Re: High cost of fuel...Reason?
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Posted by Brian in Kansas on June 07, 2004 at 11:18:52 from (216.212.40.162):
In Reply to: High cost of fuel...Reason? posted by Dan in Wisconsin on June 07, 2004 at 07:24:53:
Do You really want to know the reason for the high fuel prices if you think back during the desert storm campaing Oil got to 40 a barrel and gas got to $1.40 a gallon. And Here within the last year Oil has got up to 30-35 a barrel (might be more now I haven't checked) and gas is at $2.00 a gallon and The oil Refinerys are at record profits!!!!! The Goverment Deregulated the oil industry and they closed their smaller refinerys and did't build any more big ones and When the speed limit was increased that increased or oil use by aprox 15%. So add up no goverment telling the refinerys to build more. Using more gas. And high oil prices to blame it on and what do you get The whole American Public Gets screwed.
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