Thread: Gas prices
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Old 01-23-2015, 02:55 PM   #80
32phil
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Join Date: May 2010
Location: Montgomery, NY & Port St. Lucie Florida
Posts: 936
Default Re: Gas prices

The Japanese manipulated the TV market years ago. At one time Japanese TVs were selling in the stores for LESS than the U.S. Companies could make them. Eventually the U.S. companies died. Once they were gone they were gone. Then the Japanese raised the prices. Oil is a little different..... the U.S. has more reserves than the Saudis and you can turn "off" the well. To turn it back on (once the price comes back up) is not as simple as just throwing a switch, but it can be done.... Once the TV makers closed up.... the tools, people, skills etc. were gone forever. Enjoy the low prices while you can. Hopefully the grip on the U.S. oil market by OPEC will never be as strong as it once was.
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