21May/091
Gas Prices
Has everyone noticed that gasoline prices are on the rise? Local gasoline prices have risen over .25 cents in the past week. WTF is the reason now? Ahh, oil companies are not making money so they are "price fixing" and "gouging" again! I believe the following to be true:
Pitfield said refineries are charging retail gas stations more for wholesale gasoline because the refineries aren't making money. "They're not making money right now. We're awash in supply, in fuel. But they're not producing it to the degree that they would normally be, as at previous demand. And demand for fuel is probably off 20 percent to 25 percent across the board, worldwide, if not more. And I don't see a great reason for that to be coming back up anytime soon."
May 21st, 2009 - 12:31
this is why people would pay 10%-20% more for their hummer. You need to ideologically resolve this post with your last post…