Quote:
Originally Posted by junqueyardjim
I think that is pretty obvious. The Oil companies are making obscene profits, and Uncle Sam is just standing by with a big ***** eating grin on his face. The week before Labor Day gasoline in Central Indiana gas was about $2.70. Then on Tuesday before Labor Day, over night prices rose to about $3.05. They did not come down quite so fast, but all did come down the week following Labor Day and about all over it is again $2.70. Diesel has remained pretty steady at just about or a little above $3.05 at the diesel car pumps. We all have pretty bad short term memory on this stuff, but 4th of July and Memorial day was the same thing.
The Oil Companies are always crying "shortage". There is no shortage. If there is a shortage, you have people lined up at the pumps. Have you seen any lines at the pump. Have you seen station Driveways blocked with a sign saying, "Sorry, out of gas" It's all BS and they are ripping are heads off at the same time. It would be wonderful if we could find a way to even the score. Short of not using the rotten stuff, I sure don't see how.
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How do you define obscene profits?
How are you defining shortage? Shortage doesn't have to mean that there isn't another drop is sight.