andrea's spare time

i think that Michael Moorer was right in his film, Farenheit911.
I agree with a previous blogger who predicted this in 2000.
i think they have found a very good loophole.
i think the Pubs will drop gas prices now down to maybe 2.00 a gal. to get pressure off election.
one thing i think is strange.
diesal fuel which truckers use to move our products remains 1.00 a gal more than gas. you would think that they would focus on consumers, not our industry, where it will affect the economy?
kind of adds fuel to the belief, perhaps, as more consumers vote, and probably as much fuel used commercially?
i really doubt that it costs more to produce one than the other, since i have seen prices higher both ways.
Perhaps the 5% is a suck-in for investors as the profits have been made, and perhaps buying now not a good idea?
These are just my beliefs, and we shall see.

seriously, i'm not energy or business buff by any means, but i still don't get how this can be.

ok, the oil execs say they the inflation of gas prices at the pumps is a direct result of it costing them more to obtain the oil, therefore passing the increase onto the consumer right?

well, if that's the case, then how can they be making a record profit of this magnitude if they're having to pay so much more on exportation etc?!??!?!!?!?!?!?!?????

like i said, i'm no business/oil buff, but seriously, am i the only one this doesn't make sense to?

Gee, Isci--
DON'T know about that!
When someone takes advantage of a situation--
When someone is making ENORMOUS profits & SOME prosper, while MILLIONS can't get to work--I would tend to think that "a bit selfish, & UNAMERICAN"!
Funny, the word "monopoly" comes to mind--?

We are all entitled to a fair profit, a living wage consumerate with our abilities--maybe you been around chassan too long!
Oh well, to each his own!

fyinfo--
I AGREE 100%
I cannot understand why gas is 3.50 & diesel is 4.90. I have seen diesel lower than gas, so if there is a (natural cost) difference why would it change from lower to higher?
(If you are right, you answered it for me!)
You would think that to keep the economy stable you would rip off the people, & lower prices for the truckers---IF you want to to "help" someone?
They are going the opposite way, evidently to get the voters out--& screw the economy!
(Those $400-700.00 fill ups are hard to turn down!)

I have a theory that a lot of intelligent people know that we are being "monopolized", (which many disagree with) but I won't go there!

Everyone only looks at the dollar amount that EM made. No one is looking at the profit margin...the percentage of profit to expenses. EM, and other oil companies are making approximately 7 1/2 % profit. The government makes more money off a gallon of gas than the oil companies do. Who are we to tell a company how much profit is acceptable? Do we tell Leo DiCaprio how much he can make, especially for the crap he puts out? Do we tell Tiger Woods that he makes too much and should have to give some of it back? What most people don't understand is that it still costs about the same to remove the oil from the ground as it did 5 years ago, while the world spot price has risen due to increase in demand. Increased demand mostly from China and India.

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