more on Prices Fuel a Rebellion / Drivers Tired of Paying More for Premium Gasoline Switch to Regular

[David Farber <dave () farber net>]

Begin forwarded message:

From: "R. Stockton Gaines" <gaines () acorntech com>
Date: August 7, 2005 9:24:07 PM EDT
To: dave () farber net
Subject: Re: [IP] Prices Fuel a Rebellion / Drivers Tired of Paying  
More for Premium Gasoline Switch to Regular


This is a fabrication.

There is a very serious energy crisis unfolding, with urgent  
ramifications for the country and the world.  Simplistic and false  
statements such as Warren's help not at all.  Anyone interested  
should read Deffeyes' book "Hubbert's Peak" or his more recent book,  
or the book "Twighlight in the Dessert" by Matthew Simmons.

Because world oil production and North America natural gas production  
are both peaking, or possibly past their peaks, the price of oil has  
risen dramatically over the last 3 years, from in the $20/barrel  
range to over $60 (natural gas prices have also changed just as  
dramatically).  The trend is up, and prices at the pump respond to  
the trend.  In my view, they will go several times higher in the next  
few years.  This has nothing to do with the short term fluctuations  
in oil prices.  It is a very serious problem, as it may drastically  
alter world economies, and deserves serious discussion, rather than  
amateurish comments.


At 03:47 PM 8/7/2005, you wrote:



> Begin forwarded message:
>
> From: Jim Warren <jwarren () well com>
> Date: August 7, 2005 6:06:23 PM EDT
> To: dave () farber net
> Subject: Re: [IP] Prices Fuel a Rebellion / Drivers Tired of Paying
> More for Premium Gasoline Switch to Regular
>
>
> Has everyone else noticed that -- when unrefined/raw crude oil  
> barrel- prices increase, there is a near-INSTANT increase in retail  
> pump- prices for the finished, refined product ... but when crude-oil
> barrel-prices decrease ... gee gollie gosh ... it seems to take WEEKS
> for the retail prices to similarly subside.
>
> That's called "free enterprise" and "marketplace competition" ...
> cartel-style!
>
> --jim
>
>
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R. Stockton Gaines
Chairman, Acorn Technologies, Inc.
310 230-3636 x11



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