We were told there was a shortage of gas and oil, and that was keeping prices up. Now from AP comes this. We have been lied to again by the "liberal" media.
> Dec 5, 11:52 AM (ET)
>
> By JOHN WILEN
>
> NEW YORK (AP) - Energy futures were mixed Wednesday
> after the government reported an unexpectedly large
> decline in crude supplies but surprising increases in
> heating oil and gasoline inventories.
2007-12-05 07:37:35 · 5 answers · asked by krazykyngekorny 4 in Politics & Government ➔ Politics
Did you really expect anything different from the LIEberal media? They've been lying to us for so many years that they can't tell the truth for fear of death and destruction. I've caught them in more lies than I care to remember and I've told them that when they try to call me to get a subscription out of me. What I can't believe is how many liberals believe everything they write. In the oil crisis back in the early 70s, there was no crisis. It was the government telling us that when it was a rubber crisis not oil.
2007-12-05 08:00:17 · answer #1 · answered by Anonymous · 0⤊ 0⤋
these inventory reports seem to be all over the place every month
Crude Oil supplies are international, gas supplies national thats one thing to keep in mind
refineries are probably pumping out extra gas and heating oil to take advantage of the huge increases in pricing and make some extra profit for the end of the year
this of course would lower the amount of crude oil available but there is plenty on the world marked expecially since a sluggish US economy is slowing down the world economy
there is no "liberal" media and they are not lying
also remember there are different gas blends for summer and winter, last month alot of refineries would have stopped making gas so they can switch over, that would probably be why gas prices went up last month and will probably start coming back down this month
2007-12-05 07:43:45 · answer #2 · answered by Anonymous · 1⤊ 2⤋
The have been sufficient oil tankers waiting to sell off only off shore you are going to be able to desire to stroll 0.5 way around the Atlantic. Reagan ultimately positioned his foot down and bingo, in one day no shortages. That entire company replaced into staged just to push up the fee of oil.
2016-12-17 08:13:55 · answer #3 · answered by Erika 4 · 0⤊ 0⤋
N O, there was a slight downturn in the production
at the refineries that have since been rectified!!
2007-12-05 07:53:24 · answer #4 · answered by Vagabond5879 7 · 1⤊ 0⤋
No. There was a shortage in record breaking profits for the energy companies so they had to up the ante.
2007-12-05 07:44:09 · answer #5 · answered by Chi Guy 5 · 3⤊ 3⤋