It isn't manipulation, it is speculation. The cost of oil is set by the market based on supply and demand. The various stations and the government add in their fees. The Refineries add in their fees and the circle of life is allowed to continue.
A week or so ago I complained that gas went from 2.04 up to 2.25 in one day. Turns out that was the same day an Anwar drilling bill was voted down in the house. Of course a week later the gas is back down, and the prices are falling. They aren't going to drop the price, then it looks like they were price gouging to begin with. They may have been price gouging, I don't know, but the stations don't want to make it look that way. Here the gas prices are very interesting. A Speedway right next to a Shell can have roughly 10 cents between the price. The highest gas around here is by far the individually owned stations. Most Marathons here are independently owned. Saturday a Marathon station had gas at 2.34 for regular, while the Speedway, Shell and BP stations were around 2.00 a gallon. Pretty interesting, I've heard some people on this list comment that the chains are the ones that keep the gas price higher, I'm not so sure about that here. > -----Original Message----- > From: Ken Ketsdever [mailto:[EMAIL PROTECTED] > Sent: Wednesday, November 16, 2005 3:20 PM > To: CF-Community > Subject: RE: Gas Price Check > > I will buy the supply and demand argument when I see a gas station run > out of gas. Until then it's a bunch of crap! I don't care if there is > only one refinery in the whole damn country. If there is adequate > supply at the station on the corner there is no supply v. demand problem > its all manipulation. > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Purchase Studio MX with Flash Pro from House of Fusion, a Macromedia Authorized Affiliate and support the CF community. http://www.houseoffusion.com/banners/view.cfm?bannerid=51 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:182499 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
