mack
NAXJA Forum User
- Location
- gone fishin....
WELL SAID!!
RichP said:Gas here in the poconos, 217.9,
Allentown 20mi south, 205.9
Phillipsburg NJ, 30 mi south at Hess on sunday 189.9
We need a witch hunt started up in washington, the threat of which back in the 70's brought gas prices down overnite. Gonna have a cascade effect soon, I've already had to cut eating out, movies, buying extras. Unlike europe this countrys economy is gas and diesel based. I've had to raise my hourly rates and spend an additonal $50 a week on average per week on fuel. The oil industry is making more profit than they ever have in their history, profits are up over 300% at mobil/exxon. Guess it also might be a side effect of low interest rates and a somewhat poor stock market, the billionaires and investment people had to find some way to make money, gas is the lifeblood of the U.S., something people can't do without so they went there. The China excuse does not hold water that they are buying it all up and driving up prices.
I remember flying P3 Orions out of a NAS back in the 70's and seeing tankers anchored off the coast, 50-100mi out, parked, just waiting for the price per barrel to go up before pulling into the delaware to off load.