How the fuel company sticks it to us........ Kinda interesting

vehementSPL
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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3.One year it was the oil refineries were becoming out of date so they needed to replace them yet while the oil companies are posting not record sales but record PROFITS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

 
on it works on demand people buy it at $4.00 a gallon so they sell it at $4.00 a gallon if people stopped buying it it would drop
We should setup a date when we all quit buying gas across the country to 'send a little message' I think that is going to be the only way we fix this once and for all.

 
We should setup a date when we all quit buying gas across the country to 'send a little message' I think that is going to be the only way we fix this once and for all.
WOW you didn't think that one through did you. It doesn't work because they know you will have to buy the next day or the day after. The only effective and they may find a way around this as well. Is to boycott exxon for like a month till they drop to say 2.50. then the go to them and boycott another big one

 
WOW you didn't think that one through did you. It doesn't work because they know you will have to buy the next day or the day after. The only effective and they may find a way around this as well. Is to boycott exxon for like a month till they drop to say 2.50. then the go to them and boycott another big one
That doesn't work either. Exxon will sell their gas to smaller companies and you will be buying Exxon gas from the mom and pop store. Everybody has to ride bikes. Sorry mang. Gas doesn't work with the usual supply and demand that other products and goods go by.

 
No I believe it. but I think it could put a dent in their profits. A LOT more than oh quit buying for a day they loose the profit. i tried to argue this with my idiot female manager of mine> She goes no they will miss out on the profits from that one day. I got they have to fill up next day though (because she was saying fill up the day before the 1 day strike) She goes you aren't listening to me!!! they loose the profits for the one day.... I AM LIKE OMG. Ok yes you are correct. But in any business the profits of one day mean nothing!. The profits of 1 week mean nothing. The profits of 1 month even aren't that big of a deal. So you are telling me hurting their profits for that one day will offset the increased profits from the day before and day after. They laugh at you I assure you. And she goes...... oh and i still think she thinks she is right

 
My dad worked with gas/oil companies and he said prices are high because their entire system is non-efficient.

For example, something as small as California's specific gas regulations (I hate that state). Since they have to have specific gas, it costs millions of dollars each time a refinery has to shut down, then produce for Cali., then shut back down, then start producing for the rest of the Country(ies).

There is one example out out thousands.

 
My dad worked with gas/oil companies and he said prices are high because their entire system is non-efficient.
For example, something as small as California's specific gas regulations (I hate that state). Since they have to have specific gas, it costs millions of dollars each time a refinery has to shut down, then produce for Cali., then shut back down, then start producing for the rest of the Country(ies).

There is one example out out thousands.
Bingo!

If we forced the entire country to be on CA gas, it would raise the price for everyone but reduce the volatility.

 
i dont mind high oil prices since i work for an oil company. we are a smaller company and primarily make lubricants, hydraulic oil, engine and compressor oils and greases. but the company brings in well over 3mil/mo

 
Bingo!
If we forced the entire country to be on CA gas, it would raise the price for everyone but reduce the volatility.
Umm... Or you could just tell california we won't do it. and you can go without gas or conform to the rest of the country. And honestly I assure you. They have their own "assembly line" for california so that is a bunch of bs

 
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vehementSPL

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