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Politics : Rat's Nest - Chronicles of Collapse -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (8111)	7/10/2008 5:44:25 AM
From: Wharf Rat	Read Replies (1) \| Respond to of 24226

Why isn't the price of gasoline even higher? Posted by Gail the Actuary on July 9, 2008 - 9:00am In the last year, the price of gasoline has risen by 38%. The prices of other fuels have risen much more--diesel has risen by 64% and jet fuel has risen by 91%, and the price of West Texas Intermediate (WTI) crude oil has risen by 100%. Why aren't gasoline prices rising more than they are? Some will recognize this as the "crack spread" issue. I see several possible explanations, including a long term shift in prices valuing diesel (or "distillate") more highly than gasoline; political pressure to keep gasoline prices low; and integrated oil companies not really needing a high gasoline pricing margin to keep overall profits at an acceptable level. I do not see ethanol as playing a significant role at this time. Regardless of the explanation, refineries and gasoline stations that are not part of oil conglomerates may find this a difficult storm to weather. Figure 1 shows that the differential between the retail price of gasoline and the per-gallon cost of crude oil has recently dropped dramatically, leaving a much smaller margin to cover expenses and profit. It is this shift that I am discussing in this article. theoildrum.com

To: Wharf Rat who wrote (8111)	7/11/2008 10:48:30 AM
From: Gersh Avery	Respond to of 24226

Angle Reich inoperable brain cancer. progression of the cancer halted. Took her fight to use marijuana to save her own life all the way to the US supreme court twice. thelede.blogs.nytimes.com Steve Kuby cancer of the adrenal gland. The cancer spread through his body. Including into his liver. That was twenty five years ago. Marijuana is the only medicine he has taken for many years. en.wikipedia.org Steve was one of the key people to promote California's prop 215 in '96 which made medical marijuana possible there. Irv Rosenfeld rare genetic condition which causes tumors to form on the ends of long bones. Has been supplied marijuana from the federal government for the last twentyfive years. The tumors stopped growing as soon as he began to consume the marijuana and have not resumed. uk.youtube.com