SI
SI
discoversearch

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.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (227958)4/6/2005 12:40:05 AM
From: Tenchusatsu  Read Replies (1) | Respond to of 1577522
 
Ted, Because he started an unnecessary war in Iraq. One of the byproducts of that war is high crude prices which translate into high gas prices at the pump.

True, but that only supports the notion that the price increase is artificial and not due to any supply-demand imbalance.

There is an economist quoted in the local paper today who thinks oil will be back under $30/barrel this summer. Normally I wouldn't be quoting an analyst who is playing his or her usual games, but in this case, I'll make an exception. ;-)

Tenchusatsu



To: tejek who wrote (227958)4/7/2005 5:20:05 PM
From: TimF  Read Replies (1) | Respond to of 1577522
 
The $2.70 is the average price. That means that there are prices lower and higher than $2.70. Given an average of $2.70, its not inconceivable that there are gas stations with prices as high as in the $2.90s.

Yes but that idea would also work back in the 80s. If the gas price averaged $3, in today's dollars, in CA back than there would be gas stations with a price above $3.

Tim


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News