L0RDZ (70.20)

LORDZ's simple market solution for less expensive gas prices

February 28, 2011 – Comments (2) | RELATED TICKERS: GAS.DL

Hello and welcome to my solution for less costly US Gasoline:

 http://www.gasandoil.com/goc/news/ntn12966.htm

http://www.msnbc.msn.com/id/6019739/ns/business-oil_and_energy/

http://www.slate.com/id/2102031/

http://blog.gasbuddy.com/posts/China-rapidly-building-oil-refineries-potentially-impacting-prices/1715-421992-406.aspx

Sometimes I engage in conversations in regards to the high gasoline prices everyone seems to be paying.  In fact all you have to do is look at some older films where gas station prices are shown and you'll be shocked to realize exactly how much more expensive gasoline is now compared to then.

To be succinct, bottom line is that if we as North Americans desire less expensive gasoline, we need to enable new  gasoline refineries to be built.

So one may ask when was the last time a refinery was built here in the US ?  would you believe over 30 years ago ? 

Right now, we are drowning in oil, yet due to a lack of supply of gasoline refineries, it doesn't matter what the price of oil really is ~ because the supply of gasoline is capped in the US, so if you think gasoline is expensive now, just wait until mother nature or other circumstances further reduce the supply of gasoline.