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#51
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At the end of WWII the Japanese sent their largest
battleship to defend Okinawa with only enough fuel to make the trip one-way. We sank it before it got there. European oil was in limited supply. The US Army Air Corps bombed the German controlled oil field in Eastern Europe and the refineries. Germany developed synthetic oil. "Robert M. Gary" wrote in message oups.com... | | Jim Macklin wrote: | The USA needs to build refineries, drill where ever oil is | located, or go back to walking and riding animals. Nuclear | power for cars is a long way away. What other power source | is there? | | Yes. And the end effect of the gov't restricting where oil can be | drilled is higher gas prices. There is a price to be paid for gov't | restrictions. We have to ask if we're willing to pay it. The problem is | that most people don't realize they're paying it. | | -Robert | |
#52
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we dropped from bouncing between $4.05 and $4.10 to below $3.90 last
weekend. be interesting to see what the 100LL is this weekend our mogas is still $2.95 BT, 0L7 "Jon Kraus" wrote in message . .. Here in Indianapolis I have seen Mogas go down from $3.20 a gallon to $2.50 and it appears that it will keep on dropping. On the other hand at my home base I just filled up for a trip and still are paying $4.50 a gallon. Has anyone noticed if Avgas is coming down too? Maybe it has to do with not making 100ll as often as Mogas. What say you? Jon Kraus '79 Mooney 201 4443H @ UMP |
#53
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![]() Jon Kraus wrote: Here in Indianapolis I have seen Mogas go down from $3.20 a gallon to $2.50 and it appears that it will keep on dropping. The inflation adjusted price will probably drop some. Higher fuel prices tend to push up the price of everything else that has to be transported, so in the end fuel tends to hold fairly steady once adjusted for inflation. OPEC found that out real fast the one time they tried to hold the USA hostage for fuel: food prices in those countries soared even more than the price of oil did. |
#54
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Jon Kraus wrote:
Here in Indianapolis I have seen Mogas go down from $3.20 a gallon to $2.50 and it appears that it will keep on dropping. Some places are more, some are less. How much of the effect is boutique fuels? |
#55
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On Wed, 30 Aug 2006 20:20:30 -0400, "me" wrote:
O.K. Robert I guess your free market theories don't take in to account there illegal activities huh ! "This story ran on nwitimes.com on Wednesday, August 30, 2006 12:12 AM CDT WASHINGTON | Federal investigators are reportedly looking into whether BP PLC manipulated crude-oil and gasoline markets, the latest in a string of inquiries into the British oil company." Government and politicians ALWAYS do this when the price of gasoline fluctuates. I have never heard of them finding anything serious. |
#56
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![]() Martin Hotze wrote: "Robert M. Gary" wrote: If its because of competition that just shows you that someone else is able to do it more efficiently. ... or is somehow sponsored by his government. Just look what Emirate Airlines is doing (and how many planes they bought). It certainly can be hard to compete against gov't funded airlines. However, that just means that the citizens of that country have decided that they would like to pay for people to fly around in their airline. Sounds strange to me but if they want to pay for part of my flight, I'm not going to argue. ![]() |
#57
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![]() Jim Macklin wrote: At the end of WWII the Japanese sent their largest battleship to defend Okinawa with only enough fuel to make the trip one-way. We sank it before it got there. European oil was in limited supply. The US Army Air Corps bombed the German controlled oil field in Eastern Europe and the refineries. Germany developed synthetic oil. If Hitler had had more oil the Russians would speak German. -Robert |
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