Re: Gas prices... War in Irac. Do you Agree

Posted by Jerry/MT on September 02, 2005 at 16:08:40 from (206.183.121.50):

In Reply to: Gas prices... War in Irac. Do you Agree posted by nitro on September 02, 2005 at 13:54:31:

Fuel is a world commodity and prices are driven by supply and demand. About every twenty years, the demand begins to exceed the supply and the prices escalates which cause more supply to be developed and then the price drops and eventually the demand exceeds the supply and the cycle starts all over again. The last time this happened was in the early 1980's. China and India are the big drivers right now causing the demand to increases and the supply isn't there so the fuel goes to the highest bidder.If you want it you pay the highest bidders price. Now when you throw in the supply loss to Hurricane Katrina and the loss of refining capacity also due to hurricane damage, it just makes a bad situation worse. Sending money to develop more supply will help, but not overnight. It takes two to three years to develop more supply and bring it to market.
It really is just that simple and it isn't any conspiracy by anybody.

Follow Ups:

Post a Followup Name: E-Mail: Subject: Comments: Optional Link URL: Link Title: Optional Image URL: Email Notification: If you check this box, email will be sent to you whenever someone replies to this message. Your email address must be entered above to receive notification. This notification will be cancelled automatically after 2 weeks.

TRACTOR PARTS	TRACTOR MANUALS

We sell tractor parts!  We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]