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holy crap, whats up with gas prices?

Unrest in the Middle East, isn't that always the reason?

Maybe we need less jumpy people trading oil commodities.
 
I'm glad I don't drive much.

Also GL to those with SUV's who didn't realize the average life span of a car is 10 years and figured since gas was cheap for 6 months surely it would be cheap for the next 10 years.
 
Nintendesert said:
Guess what we're exporting in record amounts too?


It's such a fucking sham.
Click to expand...

That's right folks.

Gasoline is the number one export of the United States.

Yet they tell you there is shortages and not enough supply.

Keep believing them American Sheeple, keep believing them while you pay $6 a gallon.
 
dmcowen674 said:
That's right folks.

Gasoline is the number one export of the United States.

Yet they tell you there is shortages and not enough supply.

Keep believing them American Sheeple, keep believing them while you pay $6 a gallon.
Click to expand...

Gasoline is exported because selling it overseas is more profitable than here. It isn't some big government conspiracy, its just economics. Just because a company is exporting something doesn't mean it should be sold cheaper here.
 
Has went from $2.94 to $3.59 over the last 4 weeks or so in Lexington.

CNBC states that this is the highest ever average for this time of year.
 
Come on...damned peons. Exxon and the other oil companies are entitled to make a little profit...




Oh wait.

http://money.cnn.com/2013/02/01/news/companies/exxon-mobil-profit/index.html?iid=HP_LN&hpt=hp_bn1

Exxon Mobil just missed setting a company -- and world -- record for annual profit in 2012.

The No. 1 U.S. oil company posted full-year earnings of $44.9 billion. While that was up 9% from 2011, it was about $300 million below the all-time annual earnings record for any company, the $45.2 billion Exxon Mobil earned in 2008.

Exxon Mobil earned nearly $10 billion in the last three months of the year, up 6% from a year earlier.

Gas prices rose throughout 2012, reaching a record annual average of $3.60 a gallon for regular gas, according to AAA -- although the peak fell short of the one-day record of $4.114 a gallon set in July 2008.

Exxon Mobil (XOM, Fortune 500) outpaced earnings at the second-most profitable U.S. company, Apple (AAPL, Fortune 500), which earned $41.7 billion in the latest fiscal year that ended in September. But Apple's earnings rose much faster than Exxon Mobil, climbing 61% from the previous fiscal year. In January, Exxon Mobil recaptured the title of the world's most valuable company when its market capitalization topped Apple.

Exxon Mobil's annual revenue edged down by $4.1 billion to $482.3 billion.

Shares of Exxon Mobil rose in pre-market trading on the report.
Click to expand...
 
Hah. There was an explosion in Mexico a few days ago. Sure enough, prices here in NY went up another 35 cents per.

Annoying.
 
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