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[email protected] krw@attt.bizz is offline
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Default And The Creek Keeps Ris'n

On Thu, 13 Feb 2014 10:48:59 -0600, Leon lcb11211@swbelldotnet
wrote:

On 2/13/2014 10:11 AM, Richard wrote:
On 2/12/2014 9:34 PM, Lew Hodgett wrote:
"Richard" wrote:


Basic economics, Lew.

The reason there are no viable alternative energy systems is simply
that they can't compete at $4 a gallon of gasoline.

$4 gas is cheaper

Maybe they can compete at $10 a gallon for gas.


But that pins energy at he $10 a gallon level.

It won't bring the price of alternative energy down.
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Check the prices for natural gas for the truck market.

They already beat diesel and provides a "bridge" fuel to reduced
carbon
dumping into the air we all breathe.


Supply and demand, Lew.
That's how it all works.


Actually in the last many years that explanation no longer holds water.
There is a good supply and relatively low demand.

What drives gasoline prices now is "what the market will bare".

I cab buy upper tier gasoline from Chevron at 2.87 and one block north
pay 3.09 at Exxon a lower tier station.


Chevron here is at least $.30 higher than everyone else. BP (no
Exxon) is a nickel more.

Gasoline prices are pretty much set at what a particular station thinks
it can or wants to charge.


What's not Econ 101 about that?

I have a smart phone app that shows local gasoline prices and the prices
differ greatly within a few miles even among the same brands.


Sure. Econ 101.