|
Golly, fuel prices are set as simple as that? I didn't know. Foolish me, I thought there was a BMF oil cartel that skewed the market through manipulation of availability. Then there's the wars in oil producing areas that drive-up shipping insurance prices on the small population of humungous and shockingly expensive tankers, not to mention hurricanes and other natural phenomena. And that's just on the source/crude side. Then you get to the refining stage, in which a small number of refineries have to plan months in advance what they will refine and how much. And lets not forget distribution, in which each state in the USA establishes its own fuel ratings to be sold in that state. Etc.
I was so wrong! It's just due to big oil colluding with speculators. Things are so much simpler when one is simple.
No politicians were harmed by this sarcasm.
|