What are you paying for a gallon of Premium?

Gauge · 02-24-2012, 11:48 PM

I'm not trying to start a political debate. And I encourage people not to. But I just want to point out, while America has had a ban on Iranian oil for some time, a lot of other countries have not.

The Iranian oil sanction doesn't directly raise U.S. gas prices, but it does drive demand for other source in countries that do use Iranian oil, which in turn raises international oil prices, which raises our prices.

Just don't be so quick to blame big oil every time

They are responsible for a lot, no doubt, but not every time is their fault :P

Also filled up at 3.83 here tonight with 91(crappy, wish I had better in my area)

DLSTR · 02-25-2012, 02:10 AM

Quote:

Originally Posted by Gauge

I'm not trying to start a political debate. And I encourage people not to. But I just want to point out, while America has had a ban on Iranian oil for some time, a lot of other countries have not.

The Iranian oil sanction doesn't directly raise U.S. gas prices, but it does drive demand for other source in countries that do use Iranian oil, which in turn raises international oil prices, which raises our prices.

Just don't be so quick to blame big oil every time

They are responsible for a lot, no doubt, but not every time is their fault :P

Also filled up at 3.83 here tonight with 91(crappy, wish I had better in my area)

+1 typical market reaction to perceived supply potential disruption. Plenty of oil floating around. Love the speculators. Buy low and sell hi baby!

LakeShow · 02-25-2012, 02:14 AM

Everyone start digging in your backyards for oil.

02-25-2012, 02:14 AM	#3 (permalink)
LakeShow A True Z Fanatic Join Date: Dec 2010 Location: L.I., NY Posts: 5,307 Drives: Everything Rep Power: 26	Everyone start digging in your backyards for oil. __________________ \|2013 Audi S4\|Ibis White/Black\|S-Tronic P+\| \|2013 370z\|PearlWhite/Persimmon\|Touring/Sport/Nav\|F.I. CBE 18" CF\| \|Sold\|2011 370z\|Gun Metallic\|Touring/Sport/Nav\|

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02-24-2012, 11:48 PM	#1 (permalink)
Gauge Track Member Join Date: Sep 2011 Location: Madison WI Posts: 867 Drives: 2012 370Z Nismo PW Rep Power: 15	I'm not trying to start a political debate. And I encourage people not to. But I just want to point out, while America has had a ban on Iranian oil for some time, a lot of other countries have not. The Iranian oil sanction doesn't directly raise U.S. gas prices, but it does drive demand for other source in countries that do use Iranian oil, which in turn raises international oil prices, which raises our prices. Just don't be so quick to blame big oil every time They are responsible for a lot, no doubt, but not every time is their fault :P Also filled up at 3.83 here tonight with 91(crappy, wish I had better in my area)