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Title: Oil Companies Just Gave Us A Christmas Present The Day Before Christmas
Source: none
URL Source: http://none
Published: Dec 24, 2010
Author: self
Post Date: 2010-12-24 17:42:24 by LACUMO
Keywords: None
Views: 885
Comments: 60

Gasoline jumped another 10 cents a gallon today to $3.19.9 a gallon. Merry Christmas you lousy greedy bastards.

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Begin Trace Mode for Comment # 35.

#1. To: LACUMO (#0)

Merry Christmas you lousy greedy bastards.

You will find most people here are confirmed, "supply and demand" capitalists.

I lost my virginity on that economic program long years ago.

Cynicom  posted on  2010-12-24   17:49:30 ET  Reply   Untrace   Trace   Private Reply  

Like usually, you ignore the facts. It is speculation that is driving prices up, not supply and demand.

PaulCJ  posted on  2010-12-24   17:51:30 ET  Reply   Untrace   Trace   Private Reply  

Like usually, you ignore the facts. It is speculation that is driving prices up, not supply and demand.

No, it is market manipulation driving prices up, and it has to do with artificially restricting the supply.

The Big Oil Companies are not in the Oil Business they are in the Oil Shortage Business.

Original_Intent  posted on  2010-12-24   18:19:12 ET  Reply   Untrace   Trace   Private Reply  

The Big Oil Companies are not in the Oil Business they are in the Oil Shortage Business.

Speculators and manipulators at work.

Gas consumption is down, price is up.

Supply and demand at work, the democratic way. We got it, you gonna pay for it, one market, no competition .

Amazing, five gas stations, five different companies, their prices ALL go up the same day. Same price, one would almost think there was collusion, but thats not possible, is it????

Cynicom  posted on  2010-12-24   18:27:12 ET  Reply   Untrace   Trace   Private Reply  

Same price, one would almost think there was collusion, but thats not possible, is it????

Nope, not possible, that'd be price fixing and it's against the law. Must just be a coincidence.

Go back to sleep OM, nothing to see here.

Esso  posted on  2010-12-24   18:33:34 ET  Reply   Untrace   Trace   Private Reply  

Go back to sleep OM, nothing to see here.

The odd part is, one of the stations is just across the line in NY state and their tax on a gallon of gas is 5 cents more than Pa.

Someone is eating the five cents and still making a profit.

Cynicom  posted on  2010-12-24   18:36:26 ET  Reply   Untrace   Trace   Private Reply  

The odd part is, one of the stations is just across the line in NY state and their tax on a gallon of gas is 5 cents more than Pa.

Someone is eating the five cents and still making a profit.

It's been my experience that the stations with the lower tax are just tacking on another $.05 profit, because they can.

Critter  posted on  2010-12-24   18:54:20 ET  Reply   Untrace   Trace   Private Reply  

What is really odd, we often see the same truck delivering to two or three different stations.

No names on the trucks.

I spect we are being swindled, again, still, more.

Cynicom  posted on  2010-12-24   19:11:33 ET  Reply   Untrace   Trace   Private Reply  

I spect we are being swindled, again, still, more.

Good guess. Thank a jew.

The "chosen ones doing G-d's work" at JP Goldman Morgan Sachs Chase announced they were going to do this almost a year ago. I don't see why anyone's surprised.

Wait until the "summer driving season" starts on MLK day. BOHICA!

Esso  posted on  2010-12-24   19:27:12 ET  Reply   Untrace   Trace   Private Reply  

The "chosen ones doing G-d's work" at JP Goldman Morgan Sachs Chase announced they were going to do this almost a year ago. I don't see why anyone's surprised.

Manipulating the oil prices higher serves their interest in multiple ways.

If China is forced to use more of their fiat currency reserves on imported oil, they can't spend it on, and take physical possession of as much silver or gold. Thus stabilizing JPM's naked short positions on the Comex.

Buzzard  posted on  2010-12-24   22:34:32 ET  Reply   Untrace   Trace   Private Reply  

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