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Americans fear gas rationing... Americans fear gas rationing...
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  #1  
Old 06-10-2008, 03:40 PM
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Americans fear gas rationing...
Shocker the dumb populace understands nothing about the current market. There isn't a shortage of fuel, it is just expensive. Goes to show they really have learned nothing in mass as to why they are paying so much. These are the same people chanting "government help me".

http://money.cnn.com/2008/06/10/news...ion=2008061012
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  #2  
Old 06-11-2008, 07:17 AM
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Quote:
Originally Posted by Wagner
Shocker the dumb populace understands nothing about the current market. There isn't a shortage of fuel, it is just expensive. Goes to show they really have learned nothing in mass as to why they are paying so much. These are the same people chanting "government help me".

http://money.cnn.com/2008/06/10/news...ion=2008061012
Ryan,

If the increase in oil prices is due to the supply demand relationship doesn't that mean that yes we do a "shortage of fuel"?

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Old 06-11-2008, 07:48 AM
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Not sure I "fear" rationing, but it's a reasonable concern from some
of the stuff I've read, based on refinery operating capacities...

Operable Capacity, March '08
17,594 (bbls per day)

Operating
17,222

Idle
372

That March monthly snap shot hasn't changed much over the past
several months.
http://tonto.eia.doe.gov/dnav/pet/pe..._dcu_nus_m.htm

No company has built a new refinery in decades, the rules and hoops to jump through are
draconian, and no one wants one in their "backyard".
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Old 06-11-2008, 07:51 AM
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Quote:
Originally Posted by motordavid
Not sure I "fear" rationing, but it's a reasonable concern from some
of the stuff I've read, based on refinery operating capacities...

Operable Capacity, March '08
17,594 (bbls per day)

Operating
17,222

Idle
372

That March monthly snap shot hasn't changed much over the past
several months.
http://tonto.eia.doe.gov/dnav/pet/pe..._dcu_nus_m.htm

No company has built a new refinery in decades, the rules and hoops to jump through are
draconian, and no one wants one in their "backyard".
MD are you just another member of the "dumb populace"?
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Old 06-11-2008, 07:58 AM
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I think he means that the price bubble is artificial.
OTHER than the fact that the "dumb populace" listens to idiots on CNBC who say the only thing to invest in is Oil. THATS The supply on demand in play here.
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Old 06-11-2008, 08:03 AM
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Quote:
Originally Posted by motordavid
Not sure I "fear" rationing, but it's a reasonable concern from some
of the stuff I've read, based on refinery operating capacities...

Operable Capacity, March '08
17,594 (bbls per day)

Operating
17,222

Idle
372

That March monthly snap shot hasn't changed much over the past
several months.
http://tonto.eia.doe.gov/dnav/pet/pe..._dcu_nus_m.htm

No company has built a new refinery in decades, the rules and hoops to jump through are
draconian, and no one wants one in their "backyard".
Go EPA Go!! And the Dems still don't want any built.
George Carlin, NIMBY (not in my back yard)
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We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.
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Old 06-11-2008, 08:32 AM
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Quote:
Originally Posted by Wagner
Go EPA Go!! And the Dems still don't want any built.
George Carlin, NIMBY (not in my back yard)
At this rate of demand and limited production it seems that all you need is few refineries to go off line and you could have a real shortage and need for rationing?
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Last edited by E61Silver; 06-11-2008 at 08:55 AM.
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Old 06-11-2008, 11:02 AM
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Old 06-11-2008, 11:07 AM
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Quote:
Originally Posted by x54.4blue
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Old 06-11-2008, 11:16 AM
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Quote:
Originally Posted by Meiac09
Was thinking the same thing...
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