Thread: Gas Prices?
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Old 04-10-2014, 12:40 PM
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ta6point6 ta6point6 is offline
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Quote:
You might consider that US consumers HAVE adjusted to higher prices by decreasing their total miles and buying more fuel efficient vehicles.
Americans do the right thing buy driving less and buying more fuel effient cars but still pay the price for oil companies exporting fuel to other buyers
From the news Bloomberg

Eleven tankers were chartered to export clean products off the West Coast in the past month, up from two tankers during the same period last year, ship-fixture data compiled by Bloomberg show. Gasoline exports from the region rose 6.9 percent to 2.36 million barrels in January, a record high for the month, according to EIA data.

“I don’t think people are driving more here, so if this isn’t because of demand, then it does leave you to wonder if it isn’t all exports,”

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