Just read that gasoline, diesel and other petroleum products are the number one exports from the US for 2011. No wonder oil is so high and thank heavens for pellets!
No wonder oil is so high
- Thread starter RKS130
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Reasons. Ya left those out.
http://www.washingtonpost.com/blogs...011-was--fuel/2011/12/31/gIQAzlvgSP_blog.html
http://www.washingtonpost.com/blogs...011-was--fuel/2011/12/31/gIQAzlvgSP_blog.html
Yep, had the pellet stove firing big time today so I opened the windows and slider to the deck to keep the heat out!! Go figure. I didn;t want to shut it down as it's going to get colder tomorrow and real cold by Tuesday. Bring it on baby. House is toasty warm at $4.25 a day
vinny11950
Minister of Fire
a lot of oil analysts guess that the oil futures market adds about $30 per barrel of oil just on speculation. so basically, traders have it made up in their minds that prices are going up so the majority of the traders just pile into the trade pushing the prices up even though the fundamentals don't support the price.
i am a free markets believer, but there is a glitch here when the price doesn't match supply and demand.
i am a free markets believer, but there is a glitch here when the price doesn't match supply and demand.
krooser
Minister of Fire
I love paying an extra 30-50 cents per gallon for my truck diesel fuel just so the Europeans have enough to fuel their 4 wheeled oil burners...
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