Gas prices

Ducimus · 05-04-06, 03:55 PM

I admit i am a simple person. But the way i see it, record profits, with record prices equates to gouging.

I was pondering the other day at an autopart store with the cashier as to why the price of motor oil remains the same while the price in gasoline continues to skyrocket. A guy inline behind me pipes up, "its how it's refined!" as sort of a rubbtle as to say i have no point.

Well, true, it's how its refined. But the refinement process hasnt changed at all over the years. Gas is refined the same way now, just as its always been. Its not like overnight they adopted some new expensive refinement process over a cheaper old one.

Again, it comes back to those record profits. If gas is so expensive to produce, then why do their profits continue to skyrocket in parrell to the price at the pump? Answer seems simple enough to me, their undeniably gouging.

I don't think the oil companys have made any new refineries at all. Call me a crazy but i think their deliberatly not refining to capacity, so the supply is always.. just enough,... so the prices go up. THen they turn around and blame it on oil supplies. yeah , right, im not that gullible.

I was watching on CSPAN or something the other day, and one of our reprentatives in california said they acutally tried to shut down a refinery here! My god! Thankfully they fought and kept the refinery open. Seems to me Oil should be making more refineries, not shutting some down.

Anyway, ya true, oil is going to cause a price increase, but not like this. It's messed up, and its a good bet Big Oil has congress in their pocket.
Has anyone gotten a load of how much some of those oil exectivves make, A DAY?! something on the order of 100,000 US dollars a day. CEO retiremnt is 400 million.

Its disgusting, and so blatant. So i found this amusing.
http://cagle.msnbc.com/news/BigOil/main.asp

3.35 for the cheap ****. Seems like every other day, it goes up 10 cents. Theres this jerk down the street who's at 3.40. He's always high on his prices. I guaruntee you he'll be at 3.45 for 87 octane tommrrow. I drive 70 miles a day.

Its a shame the average citizen can't do anything about this, except scream very loudly.

05-04-06, 03:55 PM	#1
Ducimus Rear Admiral Join Date: May 2005 Posts: 12,987 Downloads: 67 Uploads: 2	Gas prices I admit i am a simple person. But the way i see it, record profits, with record prices equates to gouging. I was pondering the other day at an autopart store with the cashier as to why the price of motor oil remains the same while the price in gasoline continues to skyrocket. A guy inline behind me pipes up, "its how it's refined!" as sort of a rubbtle as to say i have no point. Well, true, it's how its refined. But the refinement process hasnt changed at all over the years. Gas is refined the same way now, just as its always been. Its not like overnight they adopted some new expensive refinement process over a cheaper old one. Again, it comes back to those record profits. If gas is so expensive to produce, then why do their profits continue to skyrocket in parrell to the price at the pump? Answer seems simple enough to me, their undeniably gouging. I don't think the oil companys have made any new refineries at all. Call me a crazy but i think their deliberatly not refining to capacity, so the supply is always.. just enough,... so the prices go up. THen they turn around and blame it on oil supplies. yeah , right, im not that gullible. I was watching on CSPAN or something the other day, and one of our reprentatives in california said they acutally tried to shut down a refinery here! My god! Thankfully they fought and kept the refinery open. Seems to me Oil should be making more refineries, not shutting some down. Anyway, ya true, oil is going to cause a price increase, but not like this. It's messed up, and its a good bet Big Oil has congress in their pocket. Has anyone gotten a load of how much some of those oil exectivves make, A DAY?! something on the order of 100,000 US dollars a day. CEO retiremnt is 400 million. Its disgusting, and so blatant. So i found this amusing. http://cagle.msnbc.com/news/BigOil/main.asp 3.35 for the cheap ****. Seems like every other day, it goes up 10 cents. Theres this jerk down the street who's at 3.40. He's always high on his prices. I guaruntee you he'll be at 3.45 for 87 octane tommrrow. I drive 70 miles a day. Its a shame the average citizen can't do anything about this, except scream very loudly.