Thread: GAS GAS GAS!!!

The United States should not be concerned," Rafael RamÃ*rez, Venezuela's energy minister

OK - I am concerned :P:

Venezuela: OPEC does not need to raise output

NEW DELHI - OPEC oil producers do not need to increase production when they meet later this month as the factors pushing oil prices to near-record highs are not related to the cartel, Venezuela President Hugo Chavez said on Friday.

Gallon of gas will be shooting for $2.50 around spring.

The reason for the notraisingof the output, you ask:

(1) They have the tap open to full blast.

(2) They are running out and want to get all they can now.

(3) We, The Borg, can pay $80 a barrel and not even flinch.

So if you actually have a budget plan on higher gas at the pump and home heating and cooling moving forward.

Oh yeah, energy is not computed into the inflation index - so the ecomony is in great shape :P. You should not be concerned.