Gas prices again

[sc redneck]

2.89 Monday and Tuesday,, 3.20 Wednesday, 3.40 Thursday and today we are back down to 2.89,,, give me a fucking break, this is total horse shit..... tomorrow will be back at 3.40 I reckon....

[Kayz]

Originally Posted by sc redneck

..... tomorrow will be back at 3.40 I reckon....

..then I reckon you get off of Meso and go fill your car up.

[Bigkarch]

said it before..pure price gouging and manipulation...there is no way anyone can convince me the prices raises were warranted other than on speculation, fear, gouging and pure money hungry oil exects

[Grizzly]

Originally Posted by legal eagle

said it before..pure price gouging and manipulation...there is no way anyone can convince me the prices raises were warranted other than on speculation, fear, gouging and pure money hungry oil exects

Quite true. However, if people will keep paying then they will keep charging as such. That is the way capitalism works, I 'spose. When the GIANT families of one child and the parents would stop driving a suburban, then things might change. When people start walking the two blocks to the grocery store, then things might change.

edit- But I still hate those fuckers for lying to me. Don't fucking lie to me! Nut up and say, "well, you're going to keep paying and I want a new yacht, so I guess you're fucked. Haha!"

[Bob Smith]

Originally Posted by legal eagle

said it before..pure price gouging and manipulation...there is no way anyone can convince me the prices raises were warranted other than on speculation, fear, gouging and pure money hungry oil exects

By no means am I defending the oil companies, but oil is a commodity just like copper, lumber and other such items. And as such, commodity prices are often volatile because of factors that have not happened. Basically you are paying whats called a forward price. Those prices include reality and things that are expected to change supply somehow. A dry, hot summer in the Midwest would drive corn, wheat, soybean and other crop prices higher. The same is true with the hurricanes and off-shore oil drilling.

That being said, we are getting ripped off by the refineries, who are charging 3x more this year than they were during the same time last year. Oil company profits are at record highs. We're taking it in the ass from every person along the oil pipeline except for the actual retailers. The retailers barely make any money on gas sales, and with gas prices so high, they are getting shafted on in-store purchases becasue people have less money to spend after they put $40 worth of gas in their car.

[Bigkarch]

even at their shortages..they are making about 2-3 billion in profit this year..and I have never seen any commodity fluctuate the way gas prices has done so in the last year....

[Grizzly]

Originally Posted by legal eagle

even at their shortages..they are making about 2-3 billion in profit this year..and I have never seen any commodity fluctuate the way gas prices has done so in the last year....

No, none of them do. Milk doesn't come out at the same rate day in and day out. The supply rises and falls, but milk prices stay constant. Fruits and vegetables are subject to the same and their prices do not change day in and day out. Nor do they typically change all that much from year to year, as far as I've noticed anyhow.

[Bigkarch]

I wonder if a tornadoe went through Wisconsin and the cow capital county of the world, Tulare County California...and killed 1 million cows, would national milk prices rise in one or two days to 4-5 dollars a gallon...NO.......

[THL]

Originally Posted by legal eagle

I wonder if a tornadoe went through Wisconsin and the cow capital county of the world, Tulare County California...and killed 1 million cows, would national milk prices rise in one or two days to 4-5 dollars a gallon...NO.......

Probably not, but anybody long on milk would make a nice profit. And yes, eventually milk prices would go up.

Remember the mad cow scare a few years ago? Beef prices sky rocketed on the futures markets, but consumers never really saw a large price increase. If beef were like gas, we would have been paying $5.00 for a McDonalds hamburger the day after the story aired on TV.

[Weatherlite]

Originally Posted by Bob Smith

...they are getting shafted on in-store purchases becasue people have less money to spend after they put $40 worth of gas in their car.

What? They only put 10 gallons in???