Where the GIT's are going Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Where the GIT's are going

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ken Adams who wrote (144622)	5/28/2007 2:32:36 PM
From: John Carragher	of 225578

plenty of oil in fact prices are dropping on crude. the problem are the refineries. cannot keep up with environmental changes making ten times the various formulations for a grade of gasoline vs ten years ago. refineries this year had more fires, accidents . also they delayed a year ago major maintenance during turnaround so it catches up to them this year. add to that they now have to account for ethanol being blended into gasoline at terminals another demand placed on the industry by gov. i expect we see prices come down as we go into summer and refineries catch up on gasoline production. I fail to understand how each decade someone comes out with peak oil and the next decade we find major oil discoveries.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next