gasoline

Murdoch

Six-man fan
wwell gas is going down. YEAH! It's dropped about 60 cents lately here, from $2.99 to $2.39. But this just goes to show you that they can do what they want with the price when they want to. So when they to jack it up again they will, to whatever price they want. They know that we will have to play their game. Too bad it doesn't go both ways. What can we really do to influence the price?
 
It just shows you what an open market can do. If the oil companies really could dictate price, then why did it not stay up high, instead of dropping 30-60 cents per gallon. Up here in Yankeeland, due to ridiculous state taxes, it has just now dropped to $2.50. <P>Less demand, along with high supplies caused the price to drop...supply>demand, prices drop to get rid of excess inventory. No hurricanes to disrupt Gulf production, increased production from West Texas stripper wells, slowing demand from Indian and China, and an ominous lack of saber rattling from the Iranian nutbag has combined to reduce crude prices.
 
<BLOCKQUOTE><font>quote:</font><HR>Originally posted by Old Bearkat:<BR><STRONG> Up here in Yankeeland, due to ridiculous state taxes, it has just now dropped to $2.50. </STRONG><HR></BLOCKQUOTE><P>Ol'Bearkat: When you left Texas, we all got together with the Big Oil folks and decided that the way we'd punish you for leaving Texas is by raising gas prices.<P>Don't tell anyone I let the cat out of the bag.<P>Which reminds me, about 8 or 10 years ago, the family and I visited Hawaii and took the long, winding road to Hana. We had gassed up before the road, having been warned that gas was very, very expensive in Hana (as opposed to very expensive elsewhere in Maui).<P>I remember seeing the pump price at $1.999 and thought I would pay <I>never, ever, ever </I>$1.999 for a gallon of gas.<P>And now, I'm boasting of paying $2.089.<P>What has become of this world?<P>John
 
<BLOCKQUOTE><font>quote:</font><HR>Originally posted by lifegatesports:<BR><STRONG><P>Ol'Bearkat: When you left Texas, we all got together with the Big Oil folks and decided that the way we'd punish you for leaving Texas is by raising gas prices.<P>Don't tell anyone I let the cat out of the bag.<P>John</STRONG><HR></BLOCKQUOTE><P>Too late!!<P><BR>
catbag.JPG
<p>[ September 20, 2006: Message edited by: Old Bearkat ]
 
$2.59 in Midland the last time I filled up. How does that work exactly? You can't dig a hole around here without striking oil, but gas is way higher. There's a refinery in Big Spring, too, so not having one nearby isn't an excuse.
 
<BLOCKQUOTE><font>quote:</font><HR>Originally posted by Devil ex machina:<BR><STRONG>$2.59 in Midland the last time I filled up. How does that work exactly? You can't dig a hole around here without striking oil, but gas is way higher. There's a refinery in Big Spring, too, so not having one nearby isn't an excuse.</STRONG><HR></BLOCKQUOTE><P>All that gas goes to Houston. Midland's comes from the Gulf Coast.
 
Bottom line is I don't think they ever had a legitimate reason to raise the price that high. I mean a rain cloud would appear off the African coast and they would say a hurricane was coming up the gulf. They raised it up for the summer and now they are lowering it but they have seen what they can get away with and now you know it will go back up even higher when they decide they want to do it. Don't ask me who "they" is 'cause I'm not sure if it's the oil companies or the people who buy the contracts or some other bunch but they know that they can stick it to us. :(
 
Perhaps I am a fool, but why would oil companies boast record profits in the wake of the Katrina disaster. I understand that if the demand is high and the supply is limited, then prices go up. But if there is less gas/oil to sell, how are they making a killing? Secondly, why is the US Govt giving big oil big tax breaks?
 
<BLOCKQUOTE><font>quote:</font><HR>Originally posted by Old Bearkat:<BR><STRONG>It just shows you what an open market can do. If the oil companies really could dictate price, then why did it not stay up high, instead of dropping 30-60 cents per gallon. Up here in Yankeeland, due to ridiculous state taxes, it has just now dropped to $2.50. <P>Less demand, along with high supplies caused the price to drop...supply>demand, prices drop to get rid of excess inventory. No hurricanes to disrupt Gulf production, increased production from West Texas stripper wells, slowing demand from Indian and China, and an ominous lack of saber rattling from the Iranian nutbag has combined to reduce crude prices.</STRONG><HR></BLOCKQUOTE><P><BR>And by open market I am sure you are referring to the mid-term elections coming up where everyone's main concern is fuel prices...
 
They brought back some rocks<BR>O.J. had the bloody socks<BR>and I can't think of a word that rhymes with socks and rocks to go with Oswald
 
Originally posted by Sonny-Boy:<BR><STRONG>Prove that we actually landed on the moon. Or that OJ is guilty. Or that Oswald acted alone.

You made the accusations, back them up with some proof. I do not have to prove that specious wingnut theories that fly in the face of all the hard evidence are not true, its up to you whacko types to prove to me that you are correct in your assertations.

Otherwise, I file them with the 100 mpg carbuerators, UFO's, democratic socialism, and other myths.
 
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