View Single Post
  #20  
Old 04-29-2006, 10:51 AM
fabsroman's Avatar
fabsroman fabsroman is offline
Moderator
 
Join Date: Nov 2001
Location: Maryland
Posts: 7,823
Okay, that one doesn't have a fix like the gasoline demand with alternative fuel, hybrid, and electric vehicles; however, if the demand for gasoline went down, don't you think the supply of oil might be a little higher, thereby resulting in a lower price. Is gasoline the main thing extracted from oil and the main reason for the hike in oil prices? Are the rest of these "by-product" prices just going up because the price of oil is going up from the gasoline demand, or would the demand for oil still be the same to produce all these by-product items if we no longer needed gasoline from oil?
__________________
The pond, waterfowl, and yellow labs...it don't get any better.
Reply With Quote