mixed up stupid question for y'all - Democratic Underground

Neoma

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Fri Mar-18-05 03:00 AM
Original message

mixed up stupid question for y'all

Why is gas so high again?
If its peak "oil" then is it peak "gas" too?
or is it to some extent gas is oil...

I'm having one of those 2am sleepy questions here.

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caledesi

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Fri Mar-18-05 03:04 AM
Response to Original message

1. And the sick part is that this price surge will NOT be on the TV news. nt

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Ladyhawk

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Fri Mar-18-05 03:04 AM
Response to Original message

2. Gasoline is derived from crude oil, so maybe.

It could be just the oil cartels yanking our chains. :shrug:

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alittlelark

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Fri Mar-18-05 03:06 AM
Response to Original message

3. oil=gas-other stuff

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Neoma

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Fri Mar-18-05 03:09 AM
Response to Reply #3

4. Oil = gas

technically?
thats really all i wanna know.

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Wapsie B

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Fri Mar-18-05 03:22 AM
Response to Reply #4

5. For the purposes of our discussion, yes.

Gas is refined crude oil. So when the price of crude oil goes up we see it at the pump.

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Neoma

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Fri Mar-18-05 03:28 AM
Response to Reply #5

6. all i needed to know.

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Wapsie B

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Fri Mar-18-05 03:29 AM
Response to Reply #6

7. Glad to be of help, maam.

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katinmn

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Fri Mar-18-05 07:05 AM
Response to Reply #3

9. other stuff = plastics

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Jamastiene

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Fri Mar-18-05 06:37 AM
Response to Original message

8. I think it is because

there are only a few people who own all of the oil reserves, drilling stations, etc. I think they call OPEC a cartel or something for a reason. They have it all and they can charge what they damn well please unfortunately. I mean why do we have antitrust laws if no one enforces them? Shouldn't rich liberals buy enough stock in oil to control when they cut down production and when they pump it up so they prices go down? Oh, I forgot, we want a better alternative, but can't seem to find it yet, unfortunately. Damn the repugs and their rich oil buddies in Saudi Arabia, etc. I hate this era with such a passion. Wake me when it's over.

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