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Pure greed , they pulled in 38 billion last year and can't spend 46 million meet the latest standards.....what a joke and raising prices when they don't need to be raised....even more greed and scapegoating. They also receive billions in tax breaks and look at what they do , turn around and back stab the economy....all to save a tiny amount of money.
If you think they're high now wait to Iran gets bombed. They went up close to 20 cents without any major event. The bidders keep bidding up the futures.
Hess has been getting out of the refining market for a while, this was the last refinery in the world they owned. No one wanted to buy it/operate it, so they're closing it.
Beyond that, it's rather humorous that you think the company should spend a bunch of money investing in a business/facility that doesn't make them any money, Nexis.
If you think they're high now wait to Iran gets bombed. They went up close to 20 cents without any major event. The bidders keep bidding up the futures.
THis is what I heard on the radio this morning. May remain high for another 60-90 days...just in time for summer traveling to JUMP AGAIN
If you think they're high now wait to Iran gets bombed. They went up close to 20 cents without any major event. The bidders keep bidding up the futures.
Oh lord let's hope that doesn't happen, it scares the bejesus out of me the repercussions from that....is Israel threating that scenario again?
Prices are rising like they do this time of year, every year. There is a changeover from winter blends to summer blends, and that interrupts the supply. There is a cycle of consumption every year, and mid-December to end of January is the very low end of that cycle. People start to drive more in February.
A good exercise would be to compare the cost of a gallon of fuel last year from February 1st to the 28th. I am certain the prices began to rise in early February last year too.
Of course, instead, we could blame George Bush. Or Obama for that matter. That has happened in the past.
Of course, instead, we could blame George Bush. Or Obama for that matter. That has happened in the past.
NPR did a story on the results and interesting look at polling data over the past ten years about gas prices. In 2004 (George W. Bush administration), when asked "What can the President do about gas prices?" Republicans overwhelmingly said "not much," while Democrats overwhelmingly said "a lot." Fast forward six years to 2010 (Obama administration) and guess what? Flip Flop! When asked the exact same question, Republicans responded "a lot," and Democrats responded "not much." As long as crude oil is a globally traded commodity we are going to be at the mercy of price swings. You can forward email chains about "gas outs" and talk conspiracy theories all you want, but in the end you either have to pay up or walk
We oughta just NAIL that price down at 99 cents and get rid of this nonsense!
I'd even be happy at 2-2.25 a gallon
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