Thread: gas prices
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Old 08-29-2005, 09:36 PM   #8
GP99GT
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Quote:
Originally Posted by BigDaddyKane
Actually, think about it this way. Thank god we are paying these prices now, cuz a couple years ago when it was $1.60, we were paying like $35 a barrel. Now its $70 a barrel, and average is $2.80. Do the math. That means Bush is pocketing/keeping 40 cents every gallon of gas. Correct?
bush doesnt own the entire nations supply of oil...so how would he be pocketing it?

and the nations reserves is about 700 million barrels...we go through a little over a million barrels a day...we'd run out within a few years and prices would go back up.
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