1 posted on
10/29/2008 8:42:48 AM PDT by
BGHater
To: thackney
2 posted on
10/29/2008 8:49:08 AM PDT by
Roccus
(Someday it'll all make sense.............maybe.)
To: BGHater
Actually, low feed-stock prices are an opportunity for refiners to make money, but not if the price at the pump falls faster than the price of crude.
It’ll all work out. It always does.
3 posted on
10/29/2008 8:50:15 AM PDT by
marron
To: BGHater
And refiners lost lots of money when gas prices were soaring!
I guess they make money when things are nice and stable...
4 posted on
10/29/2008 9:07:55 AM PDT by
2banana
(My common ground with terrorists - they want to die for islam and we want to kill them)
To: BGHater
"As falling gasoline prices squeeze refining profits, there are signs that refiners are ratcheting back production to pare losses." What nonsense. The barrel prices are still well into the profit margin. Funny, before the barrel price began to rise these prices were just fine, Oil companies were still making billions in profits.
The only ones being squeezed at the current barrel prices are the consumers.
To: BGHater
Maybe the refiners could use a bailout. To the helicopter, Ben! Magic monopoly money for all!
6 posted on
10/29/2008 9:09:39 AM PDT by
mysterio
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson