President Obama Gets blamed when Oil prices go up. But when they go down not so much.
Oil is at around 83 something a barrel right now and the price of gas is what it was when it was 110 dollars a barrel. Whats up with the price going up the next day when oil rises, but when it goes down like it is now it falls very slowly or not at all?. I would like to see someplace like the Soviet union start exporting refined gasoline to us, give the greedy oil companies some competition for a welcomed change. Come on world send us your refined gas, its a big market. And the Pukes would hate it. Lets make gas part of their so called world economy too.
1. I asked the question on response speed of gas myself
And received many different replies, I have included the link below.
The idea of non American competition is a good one though. Since the oil companies here use practices which are borderline price fixing, it would take outside competition for the for the market place to work.
The problem is we MUST have gas, even if we cut back as much as possible, there is still a minimum amount which we must have. This means there will always be a demand which allows the oil companies to do what they do, and why alternative fuels are so blocked by Republicans.