On Wed, Apr 27, 2011 at 1:31 PM, Jacob wrote:
>
>
> Maybe it is time to trade oil in Euros?
>
No! As soon as that day comes, everything from food to fuel and price of
living in general will go up 20 to 50%; Trading in US Dollars is the only
thing keeping us afloat right now.
~~~
On Wed, Apr 27, 2011 at 1:31 PM, Jacob wrote:
>
> Oil is traded on the global market in US dollars. When the dollar is
> strong,
> oil prices are low. When the dollar is weak oil prices are higher. Back in
> the summer of 2008, the dollar was as week as it is today... oil prices sky
> rocketed.
e oil in Euros?
-Original Message-
From: G Money [mailto:gm0n3...@gmail.com]
Sent: Wednesday, April 27, 2011 10:19 AM
To: cf-community
Subject: Re: Expanded drilling won't reduce gas prices
On Wed, Apr 27, 2011 at 12:08 PM, Jacob wrote:
>
> Gas prices are high because
One of the other reasons is that the process from extracted oil to gasoline
is about a year. Add to that the differing standards of fuel emissions
"cleanliness", we have different refineries producing different types of gas
(I think we should just use the higher grade, cleaner gas everywhere and
On Wed, Apr 27, 2011 at 12:08 PM, Jacob wrote:
>
> Gas prices are high because the US dollar is worthless.
>
> Nothing to do with speculators, US drilling, supply, Libya, green energy,
> tax breaks, etc...
>
Then how come gas prices are even HIGHER in countries that don't use the
dollar?
Gas prices are high because the US dollar is worthless.
Nothing to do with speculators, US drilling, supply, Libya, green energy,
tax breaks, etc...
-Original Message-
From: Judah McAuley [mailto:ju...@wiredotter.com]
Sent: Wednesday, April 27, 2011 9:29 AM
To: cf-community
Subject: Exp
I <3 good.is
thanks for the reminder.
On Wed, Apr 27, 2011 at 12:29 PM, Judah McAuley wrote:
>
> Seems to be a quite well done study looking at various levels of
> offshore drilling and various levels of required fuel efficiency in
> the US fleet and comparing who they would likely effect futur
