Riddle Me This About Gas

[Panthro]

It's not about supply and demand. It's about theivery and how much the public will take.
Why does Exxon have record profits? Because it's about letting the good ole' boys charge whatever they want. We are in control of the second largest oil reserve in the world and we have to pay over $2.00 a gallon? Yeah right!

 

[broon]

Originally posted by: kranky

Gas prices are the same becuse they are regulated by the fed.

No.

It is my understanding that the fed regulates the price at the pump to prevent the big companies from dropping prices way below cost in order to run the little guy out of business.

 

[TheAdvocate]

Well, I got one reply, anyway.

I was pretty certain that W tapped the reserves, but I may have been wrong. The point is moot though because the mere suggestion that he would affects the market and still supports my friends' conspiracy theory.

 

[Phoenix86]

OIL != GASOLINE
OIL != GASOLINE
OIL != GASOLINE

 

[ElFenix]

Originally posted by: TheAdvocate
Well, I got one reply, anyway.

I was pretty certain that W tapped the reserves, but I may have been wrong. The point is moot though because the mere suggestion that he would affects the market and still supports my friends' conspiracy theory.

there hasn't been there mere suggestion of tapping the strategic reserve. your friends are morons.

 

[ElFenix]

Originally posted by: Panthro
It's not about supply and demand. It's about theivery and how much the public will take.
Why does Exxon have record profits? Because it's about letting the good ole' boys charge whatever they want. We are in control of the second largest oil reserve in the world and we have to pay over $2.00 a gallon? Yeah right!

making a profit is theft now?

and the US is not in control of the second largest reserve.

and oil is an internationally traded commodity, even if we did have the second largest reserve the price of oil is set in an international market where US consumers have to compete with chinese and european consumers. the price wouldn't be that much different.