More on Oil

[Woody]

http://www.msn.com/en-us/money/markets/the-looming-threat-to-american-oil-output/ar-AA9jxtW

 

[Gofirstclass]

Gas prices should be based on supply and demand. I suspect the refineries are creating a false shortage by suddenly talking about failing oil rigs. Why now? Why wasn't this a problem when oil was over $100/barrel.

Oil dropped below $50 yesterday but pump prices are still climbing. What's up with that?

Oh wait, I forgot we're talking about big oil companies continuing to rip off the American driver (and American boater).

 

[mquiet]

When oil was in the forties the other week gas locally was about $2.05. It was real slow to come down. Oil jumps to $50 a barrel and gas jumped to $2.25 within two days. Amazing how fast it rises versus falls.


Sent from my iPhone using Tapatalk

 

[1990-270-da-lover]

Here we have prices ranging from $ 2.12 to 2.50 what gives? They all get supplied by the same local storage Co. in Balto. And I remember back when prices started shooting up the Gov'ts both state and fed said they would be closely watching for price gouging, Ha!