FatalWishes
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Gasoline at $4 Coming to a Pump Near You, Unfazed by Rising Tab
| Quote From Source: | By Joe Carroll
April 23 (Bloomberg) -- Whether it's $50 to fill up your Prius or $130 for the Ford Expedition, $4-a-gallon gasoline is coming to a pump near you.
Fuel prices are rising at a pace not seen since Hurricanes Katrina and Rita knocked out a third of the U.S. oil refining industry in 2005. Gasoline consumption is climbing twice as fast as last year and will accelerate when summer travel begins late next month.
''What we're surprised by is the increased demand,'' said James Mulva, chief executive officer at ConocoPhillips, whose refineries from California to New Jersey produce 56 million gallons of gas a day, enough to meet 14 percent of the country's needs. ''Even though the price of gasoline is up, the demand is up,'' he said in an April 12 interview in Houston.
| | Click source url to view entire story. |
Source Bloomberg
Source URL:
http://www.bloomberg.com/app...er=news&sid=afOlUzd30YOo
They should take the warning labels off of everything and let stupidity sort itself out.
Please check out our new website at www.globalwarmingisnotreal.com |
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DanG
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FRAK, ok thats it, my uncle has been buggin me to get a scooter
to ride with him in the local area... his gets something like 75mpg
I'm IN.
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Craig
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cheap!
$4 is a pittance. I'm in the UK. I filled up an Audi A4 the other day. Cost me £50, so $100. That's 55 litres of fuel, so I make that $6.88/gal at current prices. |
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DanG
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so I make that $6.88/gal at current prices
the US is sooo based on everybody driving their car
*everywhere*, four bucks a gallon will be a crusher.
it will effect EVERY part of our economy. |
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causeiambetta
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guys, i'm putting it on the line
the reason why gas is going up
Kuwait has signalled clear and apparant danger of US Iran war, the shias in Kuwait are mobilizing to safeguard against a highly *potential* war.
before the Kuwaiti's weren't worried, now they are. this is fuelling international concerns. not demand or other bs reasons. |
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Indy
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I remember when I went to visit my mom in Germany and she filled up her vehicle. I'm thinking it was in the area of 70 liters. She paid somewhere between 65 and 75 euros. I think it came close to $80. Its bad over there. We've been lucky here. If we were taxed enough to actually pay for all our roads through gas taxes we'd be paying much more.
"I think God gives us children so death won't come as such a disappointment." - Two and a Half Men |
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posted on 4/23/2007 at 06:40
