Re: Gas/Fuel War!!!

Posted by OK-AL on April 10, 2005 at 15:06:18 from (4.244.174.23):

In Reply to: Gas/Fuel War!!! posted by Dixieland on April 10, 2005 at 07:50:52:

Sorry, I just can't pass this one up.

I've lived in and around the Oklahoma oil patch all my life. My parents worked for oil companies. Dad retired from one. In the early '70's, wells were plugged right and left because they weren't producing enough oil to make a profit from. Even today, those wells probably wouldn't be profitable. Two or three barrels of oil per day with 30 to 100 barrels of salt water disposal problems, well, you get the picture.

Anyway, over 70 percent of our oil is imported. That means that we have to pay whatever the overseas sellers of oil want. Two, the price of crude is only about 50 percent of a gallon of gas. Think taxes, refining, transportation, and yes, profit. All companies have to have a profit or they won't stay in business. Three, all of our American oil refineries are operating at capacity. They can't produce more gas. When demand goes up, the price goes up. Supply and demand, the basis of our economy.

So, boycotting an oil company or other such things won't help. Buying and driving a car that gets good gas mileage will help. The less we use, the less demand, the lower the price.

Also, ethanol and other fuel alternatives will help.

Now, I know that you can't pull a fifth wheel with a mini truck, but going to the grocery store in a 3/4 ton truck doesn't make sense either. (Although I have done that, too.) I'm now in the market for a small car for errands and selling one of my trucks.

Just my $.02 worth

OK-AL

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