Gas Could Fall to $2 in 30 Days........

[Rico]

In my opinion, $2 a gallon gasoline would be more in line with where it should be.

[Revelationist]

Originally Posted by Rico

In my opinion, $2 a gallon gasoline would be more in line with where it should be.

Do you buy bottled water?

[Rico]

Originally Posted by Revelationist

Do you buy bottled water?

Nope. Why?

[Revelationist]

Originally Posted by Rico

Nope. Why?

Bottled water and Cokes are more than $2.00 a gallon. In fact, there's a lot of things that are more than $2.00 a gallon, and these items take a lot less money to make them than gasoline.

[Rico]

Originally Posted by Revelationist

Bottled water and Cokes are more than $2.00 a gallon. In fact, there's a lot of things that are more than $2.00 a gallon, and these items take a lot less money to make them than gasoline.

Brother, I used to work for a friend of my dad's at the gas station he owned. A 32 oz soda, including the water, ice, cup, and syrup cost him 13 cents. In fact, if you buy bottled soda, the cost of the plastic bottle it's in costs more to make than the soda itself. I don't doubt for a minute that it costs more to make gasoline than soda, but I know it doesn't cost all that much to make soda.

[Revelationist]

Originally Posted by Rico

Brother, I used to work for a friend of my dad's at the gas station he owned. A 32 oz soda, including the water, ice, cup, and syrup cost him 13 cents. In fact, if you buy bottled soda, the cost of the plastic bottle it's in costs more to make than the soda itself. I don't doubt for a minute that it costs more to make gasoline than soda, but I know it doesn't cost all that much to make soda.

Your right, it cost very little to make a soda. But the cost of making a gal. of gasoline is unbelieveable. There's the cost of drilling, the cost of getting the crude to a refinery, the cost of a refinery is unbelieveable. Just the cost of replacing a 10" valve can cost $6,000 or more. They to have gas bills and electrice and water bills. There's EPA reguations that have to be meet, and if they are not meet, hefty fines follow. Then the stores where you buy the gas, and each of these groups have to make money on their product. People have to lay pipelines and work on all this equipment. It was $2.00 a gal. gasoline and EPA regulations that helped cause refinery after refinery close down, which is what has caused the price to go up. There won't be $2.00 a gal. gasoline in the future unless we go into a depression.

[Pressing-On]

Just ran across this quote by Ben Stein:

"I was just in a room with a whole bunch of speculators who are former Enron traders that are now trading natural gas and oil. And they are laughing their heads off about how much they are manipulating the price of oil. They couldn't care less."

The Radio Factor with Bill O'Reilly
Westwood One
June 18, 2008