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Old 04-13-2006, 10:01 PM
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Default Gas prices again

2.59 a gal.. wtf is going on now. Did Bush spill some while filling his jet? Whats the price in your area? Yes this is in the right forum........POLITICAL....
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Old 04-13-2006, 10:06 PM
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Default Re: Gas prices again

2.91
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Old 04-14-2006, 01:14 AM
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2.79
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Old 04-14-2006, 03:29 AM
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Default Re: Gas prices again

*sigh* Why is it always Bush's fault? I'm in no way saying he's perfect and I don't agree with his policies but how could this one be his fault? Guess I just wish people would use their heads and look at reality and then blame the right people.
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Old 04-14-2006, 10:04 AM
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$2.79...it is what it is. If everybody would cut their fuel consumption by 20%, prices would come back down. Don't drive to the outlet mall 40 miles away on saturday, don't drive to dinner everynight, turn your car off when sitting in traffic for 2 hours....etc. It's very easy to do.

It all boils down to the fact that we need it, and they have it. If we are stupid enough to pay these high prices, they will keep charging them. It's just business. I'm just surprised there has not been a collusion lawsuit filed yet.
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Old 04-14-2006, 11:35 AM
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Default Re: Gas prices again

If you tell me what one is, then I'll file it.
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Old 04-14-2006, 01:37 PM
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Default Re: Gas prices again

Quote:
Originally Posted by Grizzly
If you tell me what one is, then I'll file it.
It would be where the CEO's of Exxon, Chevron, Havoline, BP and every other oil/gas company get in a room together and all agree to charge the same arbitrarily high price of $3.00 a gallon. Basically, price fixing.

It's illegal because it removes competiton from the market place, but is also very difficult to prove...but it goes on every single day.
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Old 04-14-2006, 03:14 PM
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Sometimes it would be nice if people actually had a clue about how the gas/oil markets worked. Unfortunately, reality isnt nearly as exciting as the conspiracy theories about Bush and his oil buddies or the oil companies colluding to screw everyone.
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Old 04-14-2006, 03:22 PM
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Default Re: Gas prices again

Quote:
Originally Posted by Bob Smith
Sometimes it would be nice if people actually had a clue about how the gas/oil markets worked. Unfortunately, reality isnt nearly as exciting as the conspiracy theories about Bush and his oil buddies or the oil companies colluding to screw everyone.
Oh, so you're saying I don't have a clue???

I don't believe any of the Bush theories, but I do believe there is some collusion going on in the oil industry.
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Old 04-14-2006, 03:34 PM
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Quote:
Originally Posted by Kayz
Oh, so you're saying I don't have a clue???

I don't believe any of the Bush theories, but I do believe there is some collusion going on in the oil industry.
While I agree that there is collusion going on, I dont believe its on the part of the oil companies. The problem, in large part, is OPEC. They control the quantity/volume of production. Its no different than DeBeers controlling 75% of diamonds in the world. Diamonds are only as rare as DeBeers wants them to be. Same thing with oil and OPEC.

But even there, ExxonMobils (and the other oil companies) profits werent out of line, so I dont see what the big fuss is all about.
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