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RE: Bugeye Group..... Re: [midgetsprite] SHELL RANT

To: <Spridgets@autox.team.net> FILETIME=[51E34AB0:01C62BF5] k17Ekbpl012728
Subject: RE: Bugeye Group..... Re: [midgetsprite] SHELL RANT
Date: Tue, 7 Feb 2006 07:46:44 -0700
Thread-index: AcYr7e7Oi9S6jCJoSVSXfy5FvEyU0QABxINg
Thread-topic: Bugeye Group..... Re: [midgetsprite] SHELL RANT

Although more can be produced, we are working at the moment at 85% of
capacity for production and 98% for transport, which means that the
system is saturated.
Refining is also at saturation point.

So, the problem is mostly supply..

But remember that only 42% of the oil is used for gaz, the rest is used
for electricity, heating, plastic, and fertilizer! So, if we keep
burning oil, we wont have anything to eat in the future!


Mostly  this is because there is no chance of supply increasing
enough to reduce  prices.  The producers all sell as much as they can

Well, I tried to stay out of this so it would die, but the above
may not be correct as it applied to crude oil...in fact, it's obviously

incorrect for crude.  OPEC restricts the number of barrels sold to
influence the 
price every day, and even the wells in Texas start and stop in  response
to the 
market price.  The supply is artificially  manipulated.
Is every refinery in the US working at capacity?  How about those in
countries.  We import refined diesel, I don't know about  gasoline.

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