Wednesday, April 28, 2010

How far up do gas prices have to go before congress can release the oil reserves for the american people.?

The gas reserves are not intended for the American people. It is there for military use in case the supply gets cut off.How far up do gas prices have to go before congress can release the oil reserves for the american people.?
It'll never happen.... and if gas prices rise above 5 dollars a gallon, I'm not driving.... and driving is my favorite thing to do..... I love cars so the gas prices are killing me. Having a modified Saab turbo it isn't cheap to run lol....How far up do gas prices have to go before congress can release the oil reserves for the american people.?
They won't. Congress doesn't care about how much gas is costing us. The reserves are only going to be released when the rest of the world is out of oil. Sorry to break it to you. Peace,
. It could be $10 a gallon, and we would still be buying it.
They probably wouldn't because it's a meaningless gesture. The amount of oil in the reserve wouldn't make a dent in the supply side of the supply / demand equation. Also, it's just oil. It would have to be processed into gasoline and all of our refinaries are working 24x7 and cannot accept any new capacity.





Want to bring gas prices down? Allow an oil refinary to be built! We haven't allowed a new one to be built since the 70's. It's the old ';Not In MY backyard'; syndrome.





http://www.gas.save-a-ton.com
GAS IS A THING OF THE PAST


VERY SOON THE PRESIDENT IS GOING TO DEMAND HUGE INCENTIVES FROM THE CAR MAKERS,HES GONNA CHOP THE PRICES WAY LOW ON TOTALLY ELECTRIC RUNNED AUTOMOBILES...SOMEWHERE OUT THERE THER ARE SCIENTIS WORKING ROUND THE CLOCK TRYING TO MAKE A REALY FAST AND DURABLE AND ELECTRIC ENGINE
This will not alleviate your cost at the pump, at least not for long. This reserve is meant to supply the U.S. military in the event of a crisis in which the supply has been cut off or severely reduced. Even if the Congress did release this supply you'd still end up paying for higher gas prices because the cost to replace it would be higher since these reserves are paid for with our taxes.

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