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an e-mail I just received,,,it would appear that the answer lies in buying Oil/Gas stock to pay for the fuel..
good lord,,,,what he misses is that SOME in this country can't afford to gamble in the stock market,,but of course that is "their own fault and have no sympathy":
Note( I had previously sent him this article ; We are being lied to by a bunch of greedy price
gouging oilmen gunslingers:
OPEC believes oil prices are too high: delegate
DUBAI (Reuters) - OPEC believes oil prices are too
steep, after setting a fresh record high above $70 a
barrel, and the rise is not justified by market
fundamentals, a senior OPEC delegate said on Tuesday.
The delegate said there was no shortage of crude oil
supply and that OPEC giant Saudi Arabia and other
producers had pledged in the past to keep markets well
supplied.
"OPEC believes strongly that prices are too high and
nobody wants to see these prices," the delegate told
Reuters. "(But) it has nothing to do with
fundamentals."
U.S. crude set a fresh record high on Tuesday on
concern that Iran's nuclear row with the West could
affect oil exports from the world's fourth-largest
producer and as a major Nigerian supply outage dragged
into a third month.
____________________________________________________________________________________________
XXXXX
these are some very narrow & short minded people you listen to. They must of forgotten there history & economic lessons. If you will remember in the 1976 oil embargo that high oil prices are not only good for America but the world. I guess you & thees activist are to young to remember. So my first point is if you can think back to the early 80's that oil was only 8.00 to 15.00 dollars a barrel. And the reason for oil being so cheap is do to OPEC knowing that they can not mothball a producing oil well & ramp it back up after a long shut down, with out loseing anywhere from 100.000 to 700,000 barrels of oil that can not ever be recovered. Under ground oil is brought to the surface by two means, 1 is the high pressure injected into the ground witch in turn fractures the rock and or sand holding it and 2 natural pressure that is produced by the gas found with oil. Now once this pressure is released for a sustained amount of time you lose oil through this fracturing. ( Look at Okla. old wells. we sit on millions of gallons of oil that cant be brought to the surface because of this.) Now back to my point, OPEC had no where to go with all the oil and had such a surplus of oil that it sold on the market for almost 30 years at or below 20.00 dollars a barrel. There was only one time in this period that oil spiked and that was in 1988 when we were paying in today's prices $3.88 per gallon. this was and still is the all time high for gas at the pump. And going back to what OPEC is saying that gas should be at $50.00 per barrel they know that if prices continue to inflate they will end up with oil back at 15.00 to 25.00 dollars per barrel and they don't want that. So for the first, and most likely only time i will ever agree with the NEW YORK TIMES it would be good for the world to see a barrel of oil hit $100.00 a barrel. Oil producers & companies can not ride high gas prices for a sustained period of time, they all know that should this happen that oil will be back under 30.00 a barrel, As we found out in the late 70's no oil company and or producing state can hold oil prices high or hold production back for any longer than about 3 years with out catastrophic long term results.
With a little research you will find all of this to not only be true but also proven economics. And there is NO POLITICAL party that can control what is going on with oil prices. The worst thing for the consumer is for the government REPUBLICAN OR DEMOCRAT to step in and deflate the price of gas by some type of control or regulation, this will not only hold prices high but create long gas lines & shortages as in the 70's when they tried it. I remember this all to well from working a Dinks. we were only allowed so Meany gallons of gas per month and when we were running short would close the station early or not open at all...... Do you remember?... I guess not.
Well John, I guess this all go's back to how our fathers & Grandfathers handled the same problem in the 70's. They did not ask what the government can do for them but took the matter in there own hands and made a big deference in oil supply & price. They knew that its not the government that has control over a product ( cars, houses, shoes, etc...) but the consumer. And if the consumer would spend more time being smart about this instead of playing the blame game it not only can be profitable to them but also good for them in the future. All they have to do is by 500.00 dollars of Exon/Mobil stock and not only make back the money they spend at the pump but make a few dollars on top of that. Last week I spent $60.00 to fill up my truck and my $500.00 investment last week returned $123.64 so... I not only filled up for free I made $63.64 off all the people sitting at home looking at ways to blame the government instead of looking for a way to make it work for them. So, I guess with all of that said, I will always try to find a way to make all things happening in the world work for me. like the new Tahoe i sure want, I know with gas going up over the next 5 to 6 months that people will stop buying them and instead of paying the $48,000 dollars it sells for today, I most likely will save 10 to 15 thousand dollars on it later down the road. There's always a positive to a negative... ALWAYS.
XXXX
never negative.... never
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