Quote:
Originally Posted by desertsun41
Well yea. It cost the same exact money to refine oil to gas today as it did when the price was $3.00 or $2.50. It is all extra profit to charge more to the end user.
The claimed "extra demands" are bogus. The fact that they promised us all we will be paying $4.00 + by June of this year proves the fact that supply and demand has nothing to do with the retail price at the pump. You can not predict supply and demand months in advance but you can set a goal retail price at any time in advance.
The excuses these clowns give us does not even match up with page one in Economics 101. They either expect us to believe it or just not believe it and swallow it. The worst part is when a news person is covering or interveiwing an oil exec. They never ever question their claims. No challenge at all.
|
It does not cost the same to produce the same gas. Costs go up like i any industry. Look at just the expansion projects and the cost of labor. Look at the 1960's compared to now and it is unbel;eivable in cost increases. Kind of like saying it cost teh same to produce anyhting especailly the raw materials.Just like steel;copper and all raw materials as demand goes up so does the price in the world. World demand for oil is just getting higher and higher and we are only a part of that demand and getting less of a factor.But then we are probaly the on;lyones that want to buy from foreign unreliable sources more and more instead of drilling. WE also gripe about electric cost when grance produes 78% of their electricity from nuclear plants while we stopped and are now pay the price.Ca you say rolloing bl;ackout this summer?
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
