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#1
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Gas went up 7 cents a couple days ago and another dime today. 17 cents in 3 days and oil is still in the low - mid 80's. Wonder what's up?
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#2
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Gas has been known to go up and sometimes it comes down.
It rained here today. Might be sunny tommorow. |
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#3
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Everyone getting ready to go on vacations.....time to gouge the consumer.
__________________
Wall-i-Lama |
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#4
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People were getting wise to the 10 cent mark up for no reason on Memorial day weekend. They delayed it a couple of weeks.
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#5
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It's actually been dropping here the last 3 days and then I'm sure it will go up some, then down a little, then way up, then down a little more, then way way up, then down a whole bunch, then up some more, then down a tad bit, then way way way down, then it will likely go way back up, then a little down, just like it always has and will till it's all gone. All this and I still don't care cause it is not my control and I will still fish, drive, mow the lawn, and live my life without worrying about it!
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#6
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I think it's interesting how quickly they go up, and the long slope back down.
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#7
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I don't think it's interesting, I think it's bull!
Last edited by Juls; 06-18-2012 at 04:38 AM. |
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#8
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Its supply vs demand the price of gas was well over $4.00 a gallon in most states this includes tax.everyone in the USA cut back on their gas usage big oil production stayed the same. Now you have a surplus of gas that needs to be stored, gas witch most has 10% ethenal in it, does not store very well,the reason it needs stabile in it to make it a yr and still be good.,So that the gas does not go bad they lower the price to sell more fuel. # 2 heating oil has not come down because it lasts for yrs. If we all cut down on the amount of gas we burn the price will continue to drop lets say 10% less usage across the country. but once the surplus of gas is gone it will rise again. If you remember in the spring they said it could go as high as $6.00 a gal' Not if we do not buy it. Here is the sanario. I will sign a contract to work for someone for thirty days for a penny a day and double it every day, that would be $.01 the first day $.02 the second day $.04the third $.08 the fourth day and so on witch added up on day four would be $.15 correct.do the same thng for the remaining days to thirty let me know how much money it is. you can not even guess very close
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#9
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#10
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There is a limit to any downward price change. The huge refineries at the Gulf of Mexico and the west coast are multinational, not "American". They have been exporting refined product to the highest bidder (China?) for years. We first noticed it when diesel fuel became more expensive than gasoline. Everyone accepts that crude oil is an international commodity, fewer accept that refined product is internatioal as well.
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