Crude Oil and Presidential Intervention?

Richard A Whitenight rum.runner at JUNO.COM
Fri Oct 13 16:07:12 MDT 2000


You don't think they'd be willing to freeze prices out of the kindness of
their farts <grin>?

Remember, absence makes the fart go honda!

On Fri, 13 Oct 2000 14:30:22 -0400 a45acp4me at JUNO.COM writes:
> The problem with freezing prices is that no one is going to produce a
> product if they can't make a profit.
>
> I have been told most of  the oil coming out of Alaska is being
> exported.
>  If this is true then it must be stopped.  Independence from foreign
> sources is the only answer to the problem.
>
> We can thank our own government for the mess we are getting into.
>
> DD
>
> On Fri, 13 Oct 2000 08:30:37 -0400 Gary Freitag
> <gfreitag at GREATBATCH.COM>
> writes:
> > rum.runner at juno.com writes:
> > >If the price of crude oil should reach $40 or more for each
> barrel,
> > >should the President freeze retail gasoline prices if the major
> oil
> > >companies pass on the increased price of crude oil to the
> consumer.
> >
> > That would certainly make matters worse.  The time to make
> strategic
> > moves
> > to keep the cost of energy stable and reasonable has passed.  I am
> > afraid
> > we are going to start seeing the oil situation reflected in other
> > areas of
> > the economy through belt tightening, fear, and possible recession.
> >
> >
> > Gary
> > gfreitag at greatbatch.com
> >
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