Re: Current theories anybody--or facts??


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Posted by rick pacholski [69.78.133.86] on Wednesday, December 08, 2010 at 19:05:38 :

In Reply to: Current theories anybody--or facts?? posted by Bob in North GA [75.91.44.195] on Wednesday, December 08, 2010 at 07:26:29 :

Fewer refineries on line. Higher production costs by way of more and increasingly strict (read expensive) rules and regulations. and Federal restrictions as to where drilling can be done (deep water only for new exploration plus seven year moratorium on new wells.). = Less fuel availability of all grades (supply). Much higher demand worldwide. Oil companies sell to highest bidder. We, the American consumers, take it in the neck.



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