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Tractor Talk Discussion Board

Re: O/T Not Political,but oil is going up again


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Posted by 730d se on January 11, 2010 at 09:43:28 from (205.188.116.74):

In Reply to: Re: O/T Not Political,but oil is going up again posted by mjbrown on January 11, 2010 at 08:15:16:

My big old hat, we have huge ships parked off shore full of oil. Why? They wait on the supply to increase such as this wide scale cold snap, or a holiday, then they raise the prices and bring in what they need.
There has been a false "supply" for years. That coupled with the fact that investors are allowed to bet on stocks runs our prices much higher than they really should be.
Don't hit us with what the prices are in other countries, that dog won't hunt.
It is a game that the consumer is stuck with playing. All the rules are made and controlled on the other side of the table.
A commodity such as oil should not be so tied to stock holders, it is a life blood of this country.
Long live the large bonuses, it is so good for the rest of our country....................NOT!
They get by with what almost equats to breaking anti trust laws. It is a true monoploy with no competion at all. They use every excuse in the book.
Ever wonder why gas prices vary from station to station in a given area? How about when one company owns all of them? They "say" it has to do with the cost of distribution. Just another lie. It has to do with the location as compared to the local economy.
Same guy owns many stations. The cheapest gas is just down the street from a higher one. "Distribution" cost would be almost identical.


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