Re: Think you pay a lot for gas?

Darrell Kestner wrote:
> Hotblack Desiato <judge_cool@xxxxxxxxxxxxxxxxxx> wrote in message:
> news:<de5dq0$suk$1@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx>
> >
> ><hoover@xxxxxxx> wrote in message
> >news:wAjNe.10459$mb4.227@xxxxxxxxxxxxxxxxxxxxxxxx
> >> Its not anything to do with capitalism. Oil prices are fixed. It is not a
> >> case of High school economics at work.. the prices are influenced by the
> >> producers and sellers. Not by consumer demand. The "war" in Iraq has
> >> influenced this. Foreign Policy and aggression inflates this. I
> >> absolutely refuse to believe anybody is truly content with this situation
> >> in gas prices. blind fanatic worship of George Bush influences this
> >> nonchalant responses to these insanely high prices. IN the real world
> >> there isn't anybody that is happy with this raise nor who chalk it up to
> >> High school level economic theory.
> >>
> >
> >Accepted, we don't have a true supply and demand scenario as such, but the
> >oil producing countries are free (albeit as a cartel) to charge what ever
> >they want for oil. In fact they don't have to sell us any produce at all.
> >
> >
> >
> No, there's a world price for oil. It's a commodity sold on future
> contracts. No different from pork bellies.

There is a big difference in that pork bellies are a renewable
commodity that can be grown in many different places. Oil is a finite
resource limit that can't be grown so America is dependent on other
countries to produce this finite resource.

People who complain about high gas prices need to accept the fact that
unless alternative energy resources are developed, there is a finite
amount of oil that can be easily extracted and prices will go up along
with demand.

.

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