Re: Re: OPEC and gas price

Posted by Jay on April 01, 2004 at 14:07:11 from (66.231.127.64):

In Reply to: Re: OPEC and gas price posted by Mark on April 01, 2004 at 13:51:20:

That may be true, but they didn't stop buying oil then - they will have some $35 stuff later too. When the price drops back to $25, you won't expect them to be able to charge for the $35 stuff. You can't have it both ways.

I call it good marketing. As a stockholder, I'm pretty happy that the oil companies like to make a profit. Competition keeps them from making too much.

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