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Subject:Re: Price of gasoline
From:Stan Wilder
Date:Wed, 12 Feb 2003 09:39:30 -0600

Strange thing.
I expected the price of Westies to jump when the 2000 year arrived, I
also expected the same thing after 9/11 but no jump. Seems that the
survivalist have other means of escaping.
An acquaintance of mine has several small bore trail bikes that he claims
will be the only way out of town if we have universal panic to leave the
major cities.
I tend to agree with him .............. 6am to 9am in Dallas traffic you
can read most of the daily newspaper, not quite as completely as you
could on a train or bus but still a lot of time parked.
75% of oil wells in Texas are 'Stripper Wells', meaning that they produce
less than 8 barrels of oil each day or less. More oil recovery might be
achieved through special expensive techniques but the past prices of
$16/$20 a barrel would not support the expensive procedures.

Stan Wilder

On Wed, 12 Feb 2003 09:35:43 -0500 David Brodbeck <gull@CYBERSPACE.ORG>
writes:
> On Wed, 12 Feb 2003, Bill N wrote:
>
> > In this case, gas prices are rising in the USA mainly because of
> the
> > problems in Venezuela.
>
> That crisis has been going on for months.  We've already seen a
> price
> increase from it weeks ago.  Why would there be a delayed effect?
>
> > We don't get any oil from Iraq, and haven't for years.  Canada
> doesn't

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