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Originally posted by syncelebrity
Overnight in my area gas has gone up 22 cents per gallon!!! Why???
Originally posted by snowspirit
Originally posted by syncelebrity
Overnight in my area gas has gone up 22 cents per gallon!!! Why???
Partly because of the unrest in the middle east countries, and partly because they can.
Be thankful you're living in the US, in both Canada and the UK gas costs more. Other places too, I'm sure.
And Canada has its own supply
The Alberta government is directing a chunk of the province’s oil sands production to a proposed $5-billion upgrader, giving the long-awaited project the capacity necessary to ignite construction plans.
Originally posted by syncelebrity
Overnight in my area gas has gone up 22 cents per gallon!!! Why???
Originally posted by wiredamerican
Gas prices have not gone up. The value of the dollar has gone down!!
Oil , Gasoline, Natural gas, energy in general has a concrete value.
If the USA dollar loses value , the price for a gallon of gasoline rises.
If the USA dollar gains value, the price for a gallon of gasoline lowers.
(side note, what defines value),
It seems ironic, that the better the USA dollar does means the more gasoline will cost.
And the more devalued dollar will mean the less the gallon of gasoline will cost.
Look at the price of gasoline as a benchmark.
The lower the price of gasoline means the dollar is weak.
The higher the price of gasoline means the dollar is strong......
Very Ironic if I do say so myself.