vehementSPL
10+ year member
CarAudio.com Elite
Ok in last 4 or 5 years since gas prices go up ever summer I noticed a trend. Every year they have a reason why it went up..
1. One year katrina .... yet that barely reduced total oil production at all
2. Then this year was china's economic growth.... Yet that has been happening for 7 or so years now
3.One year it was the oil refineries were becoming out of date so they needed to replace them yet while the oil companies are posting not record sales but record PROFITS
I think there was something else one summer as well but I can't recall it. I know we all pretty well know they are just giving it to us, But look at the 3 excuses on the board here all different summers for spiking oil prices and yet they all were inaccurate... Now here is what I really love
Ok when gas was at its peak what maybe 1.5 months ago.... oil was 147 dollars a barrel. I read a article headline friday that said oil prices soar before market closes (which we were at about 100 dollars a barrel) I go read oh crap how much...... It went up 30 cents. But yet all the gas stations felt they could raise gas prices 10 percent when oil prices went up .3 YES that is POINT 3 percent. And I figured maybe the market would open up with oil prices HIGH> I just checked it. oil almost drop 6 dollars a barrel today. One of the biggest drops in a single day. So gas is almost at the same price as when it was at 147 dollars a barrel and oil is down over 50 dollars a barrel. Gas should be approx 3.30 a gallon right now. Just showing for all you that suspect it but don't know some of the technical behind it. there ya go have fun boys and girls
1. One year katrina .... yet that barely reduced total oil production at all
2. Then this year was china's economic growth.... Yet that has been happening for 7 or so years now
3.One year it was the oil refineries were becoming out of date so they needed to replace them yet while the oil companies are posting not record sales but record PROFITS
I think there was something else one summer as well but I can't recall it. I know we all pretty well know they are just giving it to us, But look at the 3 excuses on the board here all different summers for spiking oil prices and yet they all were inaccurate... Now here is what I really love
Ok when gas was at its peak what maybe 1.5 months ago.... oil was 147 dollars a barrel. I read a article headline friday that said oil prices soar before market closes (which we were at about 100 dollars a barrel) I go read oh crap how much...... It went up 30 cents. But yet all the gas stations felt they could raise gas prices 10 percent when oil prices went up .3 YES that is POINT 3 percent. And I figured maybe the market would open up with oil prices HIGH> I just checked it. oil almost drop 6 dollars a barrel today. One of the biggest drops in a single day. So gas is almost at the same price as when it was at 147 dollars a barrel and oil is down over 50 dollars a barrel. Gas should be approx 3.30 a gallon right now. Just showing for all you that suspect it but don't know some of the technical behind it. there ya go have fun boys and girls
