Quote:
Originally Posted by 2ndgenz28
Or atleast charge us a fair price, during the last spike oil had to reach $180 barell to be $4 a gal, now it only has to hit $100 barell.
There is no ammount of math to figure that one out, just pure greed.
And we all know demand is down, large sectoin of the this country and others have been wipped out by fire, flood, earthquake and tornado, everyone is out of work, no one has money.........
And they want to take even more to see how long it takes folks to snap.
[they need to remove the cotton from their ears first cause most have already]
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Correction crude never hit 180 a barrel in 2008 highest it got was 147. Although you are correct that they used that excuse back then for why gas prices were high. As of today at this moment crude is at 93 a barrel, but gas is still being traded higher then it should be.
The problem is that the speculators and hedge fund managers are trading and creating false bubbles not based on the fundamentals and instead doing the bidding based on economic news which is a false way of setting the price. Until the rope is pulled in on how and what reports can be used to affect trading prices they will continue to do so to keep portfolios in the black and prices within a certain trading range. Nevermind that our gasoline stockpiles have risen each week for the past 6 weeks soon to be 7 after this week is over with. Yet prices aren't falling when they should if the laws of fundamentals were being followed.
I fight this fight to stop this everyday, but until enough people actually stand behind change , nothing is going to change.