"light, sweet crude oil". How do they know it's sweet?
DO they taste it or pour it over pancakes?

Why can't we just refine molasses?

Robert

1982 Westfalia

--- Tim Olmstead <tim@CWO.COM> wrote:
> You can thank our Chief for that.
>
> -----Original Message-----
> From: Vanagon Mailing List
> [mailto:vanagon@GERRY.VANAGON.COM] On Behalf Of
> JordanVw@AOL.COM
> Sent: Friday, March 04, 2005 11:56 AM
> To: vanagon@GERRY.VANAGON.COM
> Subject: gas prices going up.....more...
>
> and you thought it was bad enough..
> last night i put $40 of gas in my car..  its just
> insane..
> chris
> -----
> from USA today:
> (March 4) Gasoline prices could rocket 24 cents a
> gallon the next few days,
> as stations across the USA scramble to keep up with
> big jumps in the prices
> of
> oil and wholesale gas, a veteran energy-price
> analyst forecast Thursday.
>
> "It's going to be brutal, horrendous," says Peter
> Beutel, president of
> energy-price tracker Cameron Hanover. He has
> followed energy markets for
> nearly
> three decades.
>
> Thursday, light, sweet crude oil for April delivery
> traded as high as $55.20
> a barrel in New York before closing at $53.57.
>
> A 24-cent jump in the price of gas would bump
> unleaded regular to a
> nationwide average of about $2.16 a gallon, blowing
> through last May's
> record of about
> $2.06. It could go higher as increased warm-weather
> driving in another two
> months pushes up demand, and therefore prices,
> forecasters say.
>
> Adjusted for inflation, gas would have to hit about
> $2.95 for a record.
>
> The price increase translates to "$90 million a day,
> every day that it
> remains in effect," which could be several months,
> Beutel says.
>

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