BrianCT said:A friend of mine in Saudi Arabia said that since a barrel of crude reached $75 ...in local Saudi Arabian gasoline stations have dropped their fuel pump prices from 90 cents a gallon to 59 cents a gallon.
Yes, isolationism. This back-fired on the U.S. between 1921-1933. If there was a boycott on Saudia it wouldn't hurt them a single cent. China is begging for all that the middle east can produce. China has an ever increasing demand on oil and they'll never complain a second on the price of a barrel.Dunno513 said:Anyone see where I'm going here.
Here's a little-known problem with your theory.Dunno513 said:Anyone see where I'm going here. Raise our oil prices and we cut off your food supply. Why aren't we doing to some of these countries what they are doing to us with the supply and demand forces.
All is fair in "Oil" and War...
As President Clinton said, "How do you get tough on your banker?"Throughout the first 224 years (1776-2000) of our nation’s history, 42 U.S. presidents borrowed a combined $1.01 trillion from foreign governments and financial institutions according to the U.S. Treasury Department. In the past four years alone (2001-2005), the Bush Administration has borrowed a staggering $1.05 trillion.
__. Yeah, Nate. More of the same. I went up to visit MzLauraLee over the weekend and stopped at Love's near Emporia. D2 was $2.73; RUG was $2.69. I think she mostly uses the B20 at Pentagon tho.PDJetta said:On Sunday when I filled up it was $3.03 a gallon at Hess in Alexandria, VA (about 6 miles South of the Washington Beltway on US Rt. 1). I've seen it other places up to $3.29 a gallon in Northern Virginia. Us folks in Northern Virginia have some of the highest priced diesel in the nation, rivaling California prices. --Nate
If you do a little research, you can find #2 diesel for less than $3.25. I've paid 3.239 as recently as Tuesday the 9th.larithmos said:I am in LA for the summer and have seen diesel hanging around 3.59 to 3.79 lately.