Scott Stantis by Scott Stantis

Scott Stantis

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  1. Ted Lind

    Ted Lind GoComics PRO Member said, over 2 years ago

    I was just reading an article yesterday telling how new pipe lines relieved the oil glut in Cushing, OK by allowing US oil to make it to coast refineries and be sold on the international market. They cited this as one of the main reason the price of gas has been going up so sharply in the US.They also expected the trend to continue since the gas/gasoline market in the US is now able to service the world market where prices are a lot higher. It is very unclear why Keystone will do anything for the US consumer. It gives Canadian oil a path to the international market an decreases the capacity of a limited number of US refineries to supply the US. No one in the US is building a new refinery. It is also the one area where Republicans and Democrats cooperate, they both want high prices for different reasons.

  2. Lexekon

    Lexekon said, over 2 years ago

    the idea that keystone will lower gas prices in the US, ignores the fact that higher profits can be made selling outside the US. At what point do people expect corporations to NOT chase the biggest profits? Keystone makes exporting MORE cost effective, not less.

  3. ARodney

    ARodney said, over 2 years ago

    The fact that the oil companies refuse to implement “voluntary” safer oil cars has a lot to do with it. Poor oil companies, where will they EVER get the money to run their businesses safely?

  4. Stipple

    Stipple said, over 2 years ago

    The transAlaska pipeline did not drop fuel prices in Alaska, in fact it is still cheaper to use oil refined elsewhere and shipped here than to use in state refineries.

    The reason this happens has nothing to do with economic business practice, but rather the direction the businesses want to go in the future, with full cooperation from the regulators.

  5. Gypsy8

    Gypsy8 said, over 2 years ago

    @Ted Lind

    Prices are tending to rise because oil supplies are being restricted from entering the U.S. Long run, increase oil supplies on the market and prices decline. Short run, imbalances in storage and transportation can produce bottlenecks that temporarily depress prices in localized areas, as happened when there was insufficient transport capacity from Cushing to the Coast.

  6. wbr

    wbr said, over 2 years ago

    aaa says prices flat or small decline // http://business.time.com/2014/01/02/gas-prices-will-fall-in-2014-but-you-may-pay-more-at-the-pump-anyway/

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