Showing posts with label oil price. Show all posts
Showing posts with label oil price. Show all posts
Saturday, September 13, 2008
Gas Gauge
I had a terrible shock this morning when I went past the gas station. When I came home last night gas was selling for 1.33 a Litre and when I went back by this morning it is now 1.45 a big raise overnight. Supposedly this is all because of Hurricane Ike coming up through Texas. Now it's frustrating because we don't know what effect it is going to actually have on everything. The government needs to step in and really take control of the oil companines
Saturday, May 17, 2008
Gas Soars Again!
What is going on, Blame Bush I say, think about in the 8 years since George has taken office down in the US Oil prices have soared in all time highs and to listen to the news it is only going to get worse. The big question is why, does it cost more now to get a barrel of oil out of the ground? Is there something more sinister behind it all, think about this, the oil companies one after another are recording record profits, in the BILLIONS of dollars. Why is that? Because their costs are not going up and there revenue is, simple as that. Think about this one the guy in control of the US right now is an Oil Tycon, do the math on this one.
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