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Originally Posted by NJSPEEDER
it is simple to understand why gas prices go up. how else are you going to make your car move?
if you have a monopoly that controls 88% of teh worlds oil resources(OPEC)you get to pick the price cause you know everyone has to come to you to some degree or another.
i think what they do is ******, but at teh same time it is the same basis that our economy uses to set prices for everything else. so how surprised can we actually be.
the gulf region does contribute about 30% of the oil in the US. so that is gonna effect the price of gas in the next few weeks as well.
later
tim
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Yeah, that's going to suck and last time I checked there weren't any international monopoly laws meaning we need to get tighter with Canada if we're going to survive the long run. Think about it, Canada is giving a lot to China... we're screwed if they can undercut our prices. Somehow the US coprs need to start buying up stocks of these booming Chinese companies. That way we all profit. Becase as we sit the Chinese are buying up OUR stock. Remember that rummor that Toyota might have enough cash to be the majority stock holder of GM (meaning they own GM)... it's not far from being true.
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Owner of a Red Sled.
If it\'s EFI I can tune it. Specialize in 82-95 GM (yes Lt1\'s)
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