[DustyMoment]

Once again, the theory of supply and demand is proven. As demand falls, prices weaken. We are seeing a normal fluctuation in the market, NOT price gouging or market manipulation by the oil companies.

BTW, if you want to be mad at somebody over the price of gas, be mad at the federal government. An analysis of oil prices showed the following:

Oil company profit = ~$0.08 - 0.12/gallon
Station franchisee profit = ~$0.12 - 0.14/gal.

Note that both of the above are involved in actually providing/selling a product to consumers.

Tax to state/federal government = ~$0.50/gal. and the government is not selling a product - they are simply taking a cut of the cost off the top.

NOW who do you think is involved in price gouging????

[LibLieSlayer]

No thanks, I'll be mad at the dims for blocking EVERY ATTEMPT to develop AMERICAN oil resources. I don't care if it costs us MORE in the long run, I want my fuel to be 100% AMERICAN MADE! We need not to be held in a strangle hold by such countries as Venezuela, Iran, or Russia!

ENERGY INDEPENDENCE NOW! NUCLEAR, HYDROGEN, ALTERNATIVE FUELS, AND DOMESTIC SUPPLY!

LLS

[RipSawyer]

Tax to state/federal government = ~$0.50/gal. and the government is not selling a product - they are simply taking a cut of the cost off the top.

NOW who do you think is involved in price gouging????

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

I wonder what percentage of the fuel tax actually winds up being used for road and bridge construction and maintenance. The tax is so high that it would seem to provide plenty of money but there are some roads that are falling apart.

[NavyCanDo]

"Oil company profit = ~$0.08 - 0.12/gallon
Station franchisee profit = ~$0.12 - 0.14/gal.
Tax to state/federal government = ~$0.50/gal."

I had a Letter to the Editor printed in the Seattle Times yesterday stating the same facts. Add to this the price of the democrats favorite gas, ethonal which price has increased three-fold. Who's profiting from that?