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MRM MRM is offline
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Join Date: Aug 2000
Location: Palm Beach, Florida, USA
Posts: 7,713
Sammy is correct as usual. The cost of gas is mostly the cost to refine the stuff. Crude doesn't cost all that much, processing crude into gas is the hard and expensive part. Gas prices depend on gsupplies, not crude supplies. When refineries go down or the supply of gas is otherwise choked, the demand for gas exceeds supply and the cost of gas goes up until supply equals demand. You can have a glut of diesel, causing diesel prices to fall at the same time there is a shortage of gas. It all depends on refinery capacity and if they are set up to produce highly refined gas or lower refined fuel oil or diesel-like products.
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MRM 1994 Carrera
Old 09-13-2007, 10:32 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #7 (permalink)