2007-08-21 10:45:50 · 35 answers · asked by Anonymous in Entertainment & Music ➔ Polls & Surveys
Hurricane Dean
2007-08-21 10:47:48 · answer #1 · answered by NONAME 5 · 2⤊ 1⤋
Oil companies with operations in the Gulf of Mexico pulled "non-essential" personnel off the rigs a day or two ago because of Hurricane Dean.
The market got nervous because they feared reduced production in the Gulf might limit supply. Supply and demand. Supply goes down, demand stays the same, price goes up.
Once it is seen how, or if, Dean will affect Gulf of Mexico production, the market will stabilize.
I also hope everyone on the Yucatan Peninsula will be OK.
2007-08-21 11:00:35 · answer #2 · answered by zen 7 · 1⤊ 0⤋
Hurricane Dean
2007-08-21 10:48:43 · answer #3 · answered by Drea Z 5 · 1⤊ 1⤋
Hurricane Dean.
2007-08-21 10:48:02 · answer #4 · answered by . 4 · 2⤊ 0⤋
Hurricane Dean, with rigs shut down in the Gulf of Mexico, added to increased speculation by oil traders.
2007-08-21 10:51:22 · answer #5 · answered by Anonymous · 1⤊ 1⤋
GREED.
Justified by Big Oil in the presence of Hurricane Dean.
Mexico shut down their Gulf oil platforms & brought in their workers. A poor excuse is better than none, I guess.
Anyone think prices will plummet once Dean runs its course?
Heck no.
2007-08-21 10:53:32 · answer #6 · answered by Dingus M 4 · 1⤊ 1⤋
Hurricane Dean in the Gulf of Mexico. It impairs the uhhh something and *Poof* Gas prices go up.
2007-08-21 10:48:07 · answer #7 · answered by ? 5 · 3⤊ 0⤋
Any excuse to get US prices in line with what the rest of us have to pay i.e $6 a US gallon, $8+ for an Imperial gallon.
2007-08-21 10:55:26 · answer #8 · answered by Del Piero 10 7 · 2⤊ 0⤋
Because an end to the darkest of days in American history is in sight and the president of the united states of halliburton wants to take the money and run while he can.
Biden in '08!
2007-08-21 10:49:27 · answer #9 · answered by rtanys 6 · 2⤊ 0⤋
The oil companies are preparing to gouge the drivers over the Labor Day weekend
2007-08-21 10:48:38 · answer #10 · answered by Anonymous · 2⤊ 1⤋