Gassie1

Champion Author
Akron
Posts:7,204 Points:1,089,665 Joined:Apr 2007
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Message Posted: Oct 17, 2008 10:57:48 AM
Gee, who would have thought
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gaschicCT

All-Star Author
Hartford
Posts:945 Points:161,910 Joined:Apr 2008
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Message Posted: Oct 17, 2008 10:56:27 AM
Unfortunately, as I understand it, the price of crude oil and the price of gas are not equally related. What I mean is that the reduction in the percentage of the price of crude oil does not equal the reduction in the percentage in the price of gasoline that we get at the pump. I wish it did.
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pulpwood

Champion Author
Mississippi
Posts:7,379 Points:1,859,605 Joined:Sep 2006
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Message Posted: Oct 17, 2008 10:54:28 AM
G R E E D !
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mooneagle

Champion Author
Oklahoma City
Posts:9,843 Points:1,699,345 Joined:Jun 2008
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Message Posted: Oct 17, 2008 10:53:55 AM
Greedy bastards...
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jcVA

Champion Author
Virginia Beach
Posts:1,817 Points:389,135 Joined:Aug 2008
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Message Posted: Oct 17, 2008 10:48:19 AM
prices are going down... seems like a long time drop
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slarttybartfast

Champion Author
Hamilton
Posts:1,125 Points:267,100 Joined:Jan 2007
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Message Posted: Oct 17, 2008 10:47:54 AM
its obvious why the gap... someone is trying to pad their nest for fear of global depression....
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w4kh

Champion Author
Tennessee
Posts:11,650 Points:2,224,990 Joined:May 2004
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Message Posted: Oct 17, 2008 10:47:15 AM
What puzzles me most is how on earth, with our financial markets collapsing, the government dumping 3/4 TRILLION DOLLARS into the banking bailout and countless other Billions into more bail outs, and still dumping Billions daily into Iraq... How in the world can the dollar be gaining strength? As the dollar WEAKENS the price should go up, but exactly the opposite is happening... who is pulling whose puppet strings? "W", are you and DickieBoy messing with us?
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Hun

Rookie Author
Columbia
Posts:27 Points:8,215 Joined:Jun 2006
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Message Posted: Oct 17, 2008 10:46:22 AM
wow, gas is finally coming down in NC, hope they follow.
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rydsgr8

Sophomore Author
Illinois
Posts:130 Points:144,990 Joined:Oct 2005
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Message Posted: Oct 17, 2008 10:44:32 AM
If you were a gas retailer and paid whatever for your gas yesterday, then the price goes up before you sell all of that gas, what do you think the gas is worth that is in your storage tank now? Answer: The current higher price. But on the other side, if the price goes down, and you already spent X dollars for gas yesterday, you have to keep the price high until you purchase more lower price gas to replace what you've sold. Gas is a commodity, like wheat, corn, gold, copper blahblahblah. Like the stock market, it goes up and it goes down. Just drive careful, and if you live in The Peoples Socialist Republic of Chicago? God help you with your gas buying experience.
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DooDaa

Champion Author
Massachusetts
Posts:4,646 Points:1,060,340 Joined:Dec 2004
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Message Posted: Oct 17, 2008 10:40:25 AM
opec is in a panic...
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Wildman14

Champion Author
Virginia
Posts:3,675 Points:834,905 Joined:Jul 2008
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Message Posted: Oct 17, 2008 10:40:23 AM
Demand and supply, right? Yah, they demand money and we supply.
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Lizzylou

Champion Author
Stockton
Posts:8,818 Points:2,357,285 Joined:Oct 2005
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Message Posted: Oct 17, 2008 10:40:19 AM
We are at $2.95 as of this morning which is actually lower than the national average which is strange for California!!
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MajorSteve

Champion Author
Oklahoma City
Posts:8,551 Points:1,839,570 Joined:Sep 2006
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Message Posted: Oct 17, 2008 10:39:51 AM
Duh! oil companies = greed.
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FawltyPawl

Champion Author
North Carolina
Posts:1,235 Points:202,480 Joined:Jul 2008
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Message Posted: Oct 17, 2008 10:39:46 AM
Stand by for heavy rolls.
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jmuse

Champion Author
Long Island
Posts:2,219 Points:445,370 Joined:May 2008
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Message Posted: Oct 17, 2008 10:39:01 AM
Stop living in the past.
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EXTREMESNOW

Champion Author
Medford
Posts:8,905 Points:1,820,465 Joined:Jul 2006
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Message Posted: Oct 17, 2008 10:37:22 AM
WHAT THE H$!!.....
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ww2gas

Champion Author
Virginia
Posts:8,203 Points:1,727,265 Joined:May 2007
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Message Posted: Oct 17, 2008 10:35:45 AM
The free market ain't so free.
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rgb42722

Veteran Author
Kentucky
Posts:355 Points:117,525 Joined:May 2004
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Message Posted: Oct 17, 2008 10:35:33 AM
This is old news. Since the oil companies almost went broke with $30 oil. Now since oil is coming down we will not see any much more reduction in price. It all spells GREED.
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Famof5

Champion Author
Greensboro
Posts:1,122 Points:836,775 Joined:Apr 2005
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Message Posted: Oct 17, 2008 10:35:31 AM
OPEC will start mettling with supply.
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tbybee

All-Star Author
Omaha
Posts:702 Points:316,435 Joined:Apr 2008
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Message Posted: Oct 17, 2008 10:34:44 AM
They always make the most money when prices are on the way down.
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Don20

Champion Author
Oklahoma City
Posts:9,652 Points:2,615,630 Joined:Mar 2005
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Message Posted: Oct 17, 2008 10:30:08 AM
When you take Christianity and Morals out of the picture, Greed sets in big time. Spot price for oil is down to $71.53 this morning. Pump price in Chicago should be lower..
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cudatim

Champion Author
San Antonio
Posts:2,190 Points:1,314,360 Joined:Jan 2007
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Message Posted: Oct 17, 2008 10:28:58 AM
I think I read this one already and wasn't impressed with it and less so this time.
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HockeyLady

Champion Author
New Jersey
Posts:5,568 Points:2,105,520 Joined:Jun 2005
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Message Posted: Oct 17, 2008 10:28:48 AM
some costs are fixed. Prices are still falling, so things are getting better.
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montana920

Champion Author
Chicago
Posts:8,822 Points:1,654,450 Joined:Oct 2008
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Message Posted: Oct 17, 2008 10:28:05 AM
can you say....TAXES Illinois ,Chicago and Cook County (can you say Todd Stroger) has the highest taxes in the country
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Theczecho

Champion Author
Long Island
Posts:1,547 Points:445,030 Joined:Aug 2008
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Message Posted: Oct 17, 2008 10:27:39 AM
When you have an administration that has been in bed with Big Oil for the last 8 years, do you really think that Big Oil will NOT take advantage of this cozy relationship in the final weeks of W's reign?
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greywolves

Champion Author
Las Vegas
Posts:8,650 Points:2,424,225 Joined:Dec 2004
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Message Posted: Oct 17, 2008 10:26:24 AM
its the profit margin at the refinery, stupid!
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donnie08

Rookie Author
Oakland
Posts:24 Points:21,930 Joined:Aug 2008
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Message Posted: Oct 17, 2008 10:25:43 AM
IF GAS IS $75.00 A BARREL WHY IS THE GAS NOT 2.89 A GAL. LIKE IT HAS BEEN YEARS BE FOR WHO IS GETTING ALL THE MONEY.
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cmukid87

Sophomore Author
Michigan
Posts:208 Points:70,870 Joined:Aug 2008
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Message Posted: Oct 17, 2008 10:24:20 AM
At least they are going down. Can't complain there
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mattf373

Champion Author
Atlanta
Posts:2,333 Points:492,150 Joined:Mar 2003
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Message Posted: Oct 17, 2008 10:22:18 AM
its falling be patient
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bug27

Champion Author
Kentucky
Posts:53,438 Points:2,789,145 Joined:Apr 2005
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Message Posted: Oct 17, 2008 10:17:51 AM
Proof absolute that gouging is alive and well!
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cableman31

Champion Author
New York
Posts:8,813 Points:2,012,800 Joined:May 2004
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Message Posted: Oct 17, 2008 10:14:44 AM
Don't forget we still have to pay the GREED. That will hold up the prices.
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checkum

Champion Author
St. Louis
Posts:7,576 Points:1,471,115 Joined:Jan 2008
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Message Posted: Oct 17, 2008 10:13:56 AM
This proves prices are a bunch of Male Bovine Fecal Material!!!
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Marson

Champion Author
Scranton
Posts:8,922 Points:2,073,185 Joined:Oct 2006
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Message Posted: Oct 17, 2008 10:11:34 AM
There are market forces at work in addition to the greed.
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PokerAce

Champion Author
Baton Rouge
Posts:11,762 Points:1,917,705 Joined:Jan 2008
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Message Posted: Oct 17, 2008 10:08:25 AM
how many ways can they say: #@$% U.....
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Hunter97

Rookie Author
South Dakota
Posts:3 Points:160,210 Joined:Sep 2003
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Message Posted: Oct 17, 2008 10:08:11 AM
I disagree with Tobasco. the US Dept of Energy reported for every $1 increase in crude oil price a gallon of gas at the pump increases 2.5 cents. If the increase in oil causes a specific increase at the pump, than a decrease in crude oil should also cause a specific decrease at the pump. But, there again, this never happens because of "price fixing", "market manipulation," and yes - you got it, "GREED"!
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dlowe79

All-Star Author
Alabama
Posts:512 Points:74,310 Joined:Sep 2008
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Message Posted: Oct 17, 2008 10:04:15 AM
So what is the real answer?
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Helms

Champion Author
Fort Worth
Posts:4,835 Points:1,733,975 Joined:Jun 2005
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Message Posted: Oct 17, 2008 10:04:14 AM
they're kidding right?
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tigeriz

Veteran Author
Maine
Posts:302 Points:73,145 Joined:Aug 2008
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Message Posted: Oct 17, 2008 10:03:51 AM
OPEC = GREED!
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SilverFoxHMT

Champion Author
San Diego
Posts:8,030 Points:1,678,155 Joined:May 2008
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Message Posted: Oct 17, 2008 10:03:03 AM
Can everyone say GREED!
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rockinrog

Champion Author
Ontario
Posts:1,392 Points:1,626,535 Joined:May 2006
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Message Posted: Oct 17, 2008 10:02:52 AM
On Gas Buddy...they have a comparision price for today and last years prices. The average price for gas last year was 99.9 and today the average is 101.7. Oil today is around $70 a barrel, last year at the same time it was $85. So gas was cheaper when oil was more expensive. Go figure. Can we call this CORRUPTION and GREED?????
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Bruno44

Champion Author
Texas
Posts:7,054 Points:1,764,195 Joined:Sep 2007
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Message Posted: Oct 17, 2008 10:01:01 AM
Correct: It is GREED!
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amacquarrie

All-Star Author
Nevada
Posts:521 Points:112,875 Joined:Jun 2008
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Message Posted: Oct 17, 2008 10:00:57 AM
i second that - greed
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Laser917

Champion Author
Minnesota
Posts:3,356 Points:990,555 Joined:Oct 2005
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Message Posted: Oct 17, 2008 10:00:44 AM
Good Question
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scrounger

Champion Author
Vancouver
Posts:9,777 Points:3,040,685 Joined:Mar 2003
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Message Posted: Oct 17, 2008 9:58:41 AM
greed
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timwil

Champion Author
Arkansas
Posts:3,238 Points:640,315 Joined:May 2007
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Message Posted: Oct 17, 2008 9:58:07 AM
old news
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BartBuzz

Champion Author
Atlanta
Posts:8,865 Points:1,771,760 Joined:Aug 2006
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Message Posted: Oct 17, 2008 9:56:15 AM
Now the oil companies feel their pain!
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Chazzer

Champion Author
Nevada
Posts:16,221 Points:3,328,505 Joined:May 2002
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Message Posted: Oct 17, 2008 9:55:45 AM
Because they can!
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redberry1977

Rookie Author
Georgia
Posts:24 Points:46,215 Joined:Jul 2008
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Message Posted: Oct 17, 2008 9:54:15 AM
Greed is the word of the day!
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AJbrampton

Rookie Author
Toronto
Posts:35 Points:5,655 Joined:Oct 2008
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Message Posted: Oct 17, 2008 9:54:10 AM
not good
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mwhals

Champion Author
Charleston
Posts:14,059 Points:2,444,285 Joined:Jun 2006
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Message Posted: Oct 17, 2008 9:53:00 AM
One word - GREED!
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edpall3

Champion Author
San Antonio
Posts:4,380 Points:886,730 Joined:Apr 2005
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Message Posted: Oct 17, 2008 9:52:56 AM
Diesel is much higher here also. At one time diesel used to be as cheap as regular, not anymore.
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