Posted by ray_woods on November 14, 2007 at 12:06:58 from (69.37.86.228):
In Reply to: Re: GAS/DIESEL prices posted by jdemaris on November 14, 2007 at 10:34:03:
Depending on the method used and location on the planet oil comes from the earth at a cost to the producer of $2.00 - $xx.xx a barrel. Oil closer to continental US will be tapped if the price stays up. Good time to be a geologist or petroleum engineer.
Where I'm at eastern CT each day that I travel on I-95 I'd estimate 8 out of 10 passenger vehicles travel down the highway with just the driver. I'd expect a large % of the US is similar. Pretty darn wasteful yet what are we to do? Engineer a better system? Wait for an offshore entity to do it for us? Economic disparity --if commodity values are artificially low -- white collar salaries are artificially high. Its a rat race I tell ya I looked to get out went to the woods its worse there. White collar criminals steal in %'s the others onces just siphon your fuel,steal your tools and anything that can be sold for scrap.
As winter comes to New England I expect the folks spending $400-600 if not more a month to heat their home will scream for a change.
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