Posted on 01/08/2007 9:11:59 AM PST by BenLurkin
Exactly!
Anything that keeps the gas in the pipe, the oil in the tank, and the wood on the pile is OK with me.
How come gasoline prices haven't dropped in proportion to the fall in crude prices? A gallon of regular is still about 2.17 in my neck of the woods. It ought to be well under 2.00, shouldn't it?
OK. Dumb question.
It is -31 this morning. No wind. No sun.
Minimal if any price drops at the pump as the gouging continues....If there was a dramatic price increase per barrel cost, immediately at the pump price per gallon spikes up...But, when there are dramatic price per barrel drops the same 'ol Dogma..."it will be a few weeks before it is seen at the pumps".
Oh yeah, there are many here at FR who do not believe there is gouging.
Another positive effect of 'global warming'- less use of evil fossil fuels, and suprize! a reduction of evil bad CO2 released into the atmosphere.
That must be why it's cold today, which will mean more people turning up the furnace releasing evil bad CO2 into the atmosphere, which means it will be warm for the weekend again.
Didn't everyone enjoy a round of golf before the Patriots victory yesterday?
Last time oil was at this per barrel price...at the pump per gallon prices were $.30 to $.40 cheaper...gouging.
Well you see, when the barrel price goes up, the price at the pump goes up right away because they will have to pay more for the new fuel coming.
When the price of the barrel goes down, all that expensive fuel is still in the pipeline, so it takes time before the price goes down.. Then the price will go up magically just before new cheap fuel enters the pipeline, usually because of a scare in the ME or something.
Then people stop b*tching,or something else comes alot to b*tch about, and the never ending gouge is forgotten about for a while
"Oil Prices Fall on Mild Weather Concerns"
_______
Since when is mild weather a "concern?"
Oh, the AP...
It's $1.99 in my neck of the woods.
You haven't heard? Tulips will bud too early. It's a crisis. Rats will be fatter because of less winter kill, and there will be a poulation explosion. Lets see, what other "concerns" have I heard; oh yeah, Bark beetles will spread because the colder temps in the interior usually kills them, limiting them to coastal regions.
When can I shut off my a/c??? Man it's been a warm winter down here in Ft. Lauderdale.....
And people that use the word "gouging" are just ignorant of how how markets set prices. They see a price they don't like and cry about how awful those gasoline sellers are. They'd rather get angry and hostile instead of spending even five minutes trying to understand how markets set prices. That'd take too much mental effort.
Maybe where you live, but around here, it's within already within $.05 of where it was the last few times gas was oil was $55/bbl.
Check for yourself, here.
Keep in mind, oil has only dropped to this level in the last couple days, so it takes a few days for gasoline to catch up.
But it will. It always does.
Where are you at? Can I make it there from Ohio on a half a tank?
Tulips budding early is only a crisis if it gets cold again.
And "crisis" is relative. If you have a prize tulip garden, you may be upset.
Sweet Crude is a 35-45 bbl commodity TOPS... every dollar over that is flat out greed tax by futures traders.... pure and simple. Even at $55 its still at least 10-20 bbl overpriced.
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