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That Guy · 04-13-2006, 01:59 PM

i missed this thread... I said to buy short term oil futures a couple weeks before the hurricane hit. We don't have any sort of oil shortage, but a shortage of refinery capacity (in part due to masive consolidation). Gas prices might go down in 20 years when the refineries are all back to 100%. Meanwhile we'll have limited on shore refining and expensive off shore refining (extra shipping costs and less price control).

04-13-2006, 01:59 PM	#59
That Guy Living Legend Join Date: Jun 2004 Location: VA Age: 43 Posts: 17,620	Re: F... gas prices i missed this thread... I said to buy short term oil futures a couple weeks before the hurricane hit. We don't have any sort of oil shortage, but a shortage of refinery capacity (in part due to masive consolidation). Gas prices might go down in 20 years when the refineries are all back to 100%. Meanwhile we'll have limited on shore refining and expensive off shore refining (extra shipping costs and less price control).