<VV> reserve oil

[kaczmarek at charter.net]

Ron
If you spent time on VV Talk, you would find out that many of them are. 

I have had a change in personal outlook since leaving the talk list. I guess the same reason I don't read certain blogs---just too depressing. 

I think the government NOT stepping in and forcing gasoline price controls in the short run will hurt us all, in the long run the market will take over and prices will recede. 

As I told Bryan off list this AM. Steve Forbes wrote an article this week that predicts gas under 2.00 by the end of the year, and possibly under 1.50 by the spring. 

As we discussed, OPEC and others don't want the price of natural oil gasoline to be more than alternative fuels. If it is, they just priced themselves out of business. If gas in the US was to peak and stay at say, 6.00 a gallon, alternative fuels that could run only 4.00 /gallon (for example --then appear to be very attractive, and Opec can sit on the oil....

HANK

> 
> From: "Ron Guy" <qcc65 at comcast.net>
> Date: 2005/09/02 Fri AM 10:24:24 EST
> To: <SPYDER62 at aol.com>,  <virtualvairs at corvair.org>
> Subject: RE: <VV> reserve oil
> 
> There is a disruption in both crude oil (rigs in the gulf had to be
> shutdown) and gasoline refineries (mostly power loss at the LA refineries).
> The federal response to these was, 1. make crude available from reserves and
> 2. Lift EPA blend restrictions on refineries across the country to increase
> production availability to all.
> Both responses seem to me to be reasonable and about all the govt. of a free
> market society, which we are, should and could do.
> I hope you guys are not really as pesimistic as you sometimes sound on here.
> 
> Ron Guy
> CORSA and others 
>  
> 
> -----Original Message-----
> From: virtualvairs-bounces at corvair.org
> [mailto:virtualvairs-bounces at corvair.org] On Behalf Of SPYDER62 at aol.com
> Sent: Thursday, September 01, 2005 11:07 PM
> To: virtualvairs at corvair.org
> Subject: Re: <VV> reserve oil
> 
>  
> In a message dated 9/1/2005 11:28:00 A.M. Pacific Standard Time,
> ronh at owt.com writes:
> 
> What  good would the crude do since the main problem seems to be the shut
> down  refineries?
> 
> 
> 
> It's just something to make it look as the government is doing  something
> for 
> a change.
>  Plus there are enough fools that will believe it will help in the  short
> run 
> LOL.
> rich
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