That's the grand plan to keep us all confused.
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A lot of factors. Initial Cost of exploration and production is higher here than there..... And a lot of misspending but I'm not gonna open that can of worms.
And as someone else said.. We NEED refineries. Screw the "tree huggers" that wanna save a Beatle. They're the most wasteful group of conservatives here. If you think about the "private landowner/simple living/ol redneck" is the most environmental friendly person in the USA.
And not to mention our money helped build their oil fields.
people who are saying the sky is falling in respect to oil prices either have personal financial interest in oil being high......... or have a political interest in staying in line with their politicians...........
A simpleton can under stand the middle ( working ) class is what makes our economy work! If gas prices go down AND food prices where to go down the extra money in families budgets would allow more spending for the stuff that makes our economy grow..............Duh..........
part of the problem with that is a lot of people don't have any confidence that what goes down won't go back up in the near future....not to mention how many are in credit card debt to begin with....not to mention health care cost.....people want to hang onto what they have out of fear.....
This conversation is just proof that you can't please everyone!!!!
All I know is that if I save 25 bux on a tank of gas, that makes my minners FREE!!!!! I like free minners!!!
" we have been in a slump for 8 yrs"
About 8 years ago I was buying 4 tanks of gas per week for close to $5 per gallon. And we had a gas shortage.