• Categories

  • Pages

  • Tags

    b best online stock trading business commodities commodity commodity trading credit day day trading daytrading day trading robot debt e ecommerce education f finance forex forex trading futures gold internet;business investing investment money mutual funds n o options options on futures p real estate retirement S&P stock stock market stocks Stock Trading t trade Trader" trading u wealth wealth building
  • Archives

  • Meta

  • Was there a shortage of gas and oil?

    Posted by admin on December 27th, 2008 and filed under heating oil futures | 5 Comments »

    We were told there was a shortage of gas and oil, and that was keeping prices up. Now from AP comes this. We have been lied to again by the "liberal" media.

    > Dec 5, 11:52 AM (ET)
    >
    > By JOHN WILEN
    >
    > NEW YORK (AP) – Energy futures were mixed Wednesday
    > after the government reported an unexpectedly large
    > decline in crude supplies but surprising increases in
    > heating oil and gasoline inventories.

    Did you really expect anything different from the LIEberal media? They've been lying to us for so many years that they can't tell the truth for fear of death and destruction. I've caught them in more lies than I care to remember and I've told them that when they try to call me to get a subscription out of me. What I can't believe is how many liberals believe everything they write. In the oil crisis back in the early 70s, there was no crisis. It was the government telling us that when it was a rubber crisis not oil.

    powered by Yahoo Answers

    Bookmark and Share

    Post to Twitter Tweet This Post

    5 Responses

    1. capnbilly Says:

      these inventory reports seem to be all over the place every month

      Crude Oil supplies are international, gas supplies national thats one thing to keep in mind

      refineries are probably pumping out extra gas and heating oil to take advantage of the huge increases in pricing and make some extra profit for the end of the year

      this of course would lower the amount of crude oil available but there is plenty on the world marked expecially since a sluggish US economy is slowing down the world economy

      there is no "liberal" media and they are not lying

      also remember there are different gas blends for summer and winter, last month alot of refineries would have stopped making gas so they can switch over, that would probably be why gas prices went up last month and will probably start coming back down this month
      References :

    2. Chi Guy Says:

      No. There was a shortage in record breaking profits for the energy companies so they had to up the ante.
      References :

    3. rockandroll58-79 Says:

      N O, there was a slight downturn in the production
      at the refineries that have since been rectified!!
      References :

    4. N. Cognito Says:

      There have been no oil shortages.

      There have on occasion been gas shortages, but only as a result of careful management; that's why they aren't building new refineries. Doing so would lower prices and therefore profits.
      References :

    5. Ahcho A Says:

      Did you really expect anything different from the LIEberal media? They've been lying to us for so many years that they can't tell the truth for fear of death and destruction. I've caught them in more lies than I care to remember and I've told them that when they try to call me to get a subscription out of me. What I can't believe is how many liberals believe everything they write. In the oil crisis back in the early 70s, there was no crisis. It was the government telling us that when it was a rubber crisis not oil.
      References :

    Leave a Comment

    Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.