Re: (OT:) The price of a barrel goes up...


"Hachiroku ハチロク" <Trueno@xxxxxxxx> wrote in message news:ysI%j.2995$ZM.2852@xxxxxxxxxxx
On Fri, 30 May 2008 00:53:22 +0000, Jeff wrote:

Hachiroku ハチロク wrote:
the price of gas goes up...IMMEDIATELY. "We need to be able to pay for
the oil we have to buy at the new price" is the excuse given.

However, oil went down $4 per barrel today. So, where is the decrease?
"We have to pay for the oil we already refined and put in the storage
tanks."

Oh...I see...


You should look at how Valero and Sunoco are doing. Both are companies
that have refineries and gas stations, but don't drill or pump their own
crude. Neither one is making a lot of money at the moment.

Also, you should try to back your claim that the price of gas goes up
IMMEDIATELY, if you can.

Jeff

Gee, Jeff, do you pay much attention?

I'll be listening to the radio, as I often do, and they'll announce "the
price of a barrel of oil hit a new high today, selling for $xxx per
barrel" and by the time I go to the store for my evening coffee the price
has gone up.

All is takes is a little observation. The manager of the store told me
she tries to hold it off as long as possible, but can't always.

You should talk to people, other than from behind a keyboard. And pay
attention. Either you and I, or DH and I had this conversation the last
time the price of oil dropped...it took 4 days for the decrease to hit
the pumps.


Jeff is living in some other planet besides the one we're on. I've seen gas prices go up more than once in the same week. It used to be they'd at least wait until Thursday to jump the price. Some of the gas stations in the ritzy neighborhoods are now charging 4.25 here. And he didn't live in Arkansas in 1990, the week before Saddam invaded Kuwait, when all the gas dealers in town got a call from their distributors to immediately raise their price from 86.9 to 99.9 or they wouldn't get ANY more gas. That was more than a day before Saddam crossed the border. At that point, most people saw no reason for gas to jump 13 percent in one day. We figure Big Oil had something to do with the Iraq war.

Charles the Curmudgeon

.

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