Quoted: Not arguing your point on supply and demand but pointing out price fixing.   The cost to refine oil varies company to company as well as the cost of oil.  Just because oil goes up on Monday doesn't mean the oil in a tanker already paid for on the ocean cost anymore, yet all the comapanies will match each others price to wholeseller overnight.   Tj

Now TJ, you know better than this.

Let's say you own a small grocery store.  You pay .80 for a loaf of bread and sell it for $1.

One day, you are told that new supplies of bread will cost you $1.25.

Do you sell the bread on the shelves for $1?  No, because it will cost you $1.25 to replace your inventory.  You must raise the price so that you can replace the inventory after you sell the present inventory without a loss.

Same thing with crude oil supplies.  When the cost to replace inventory goes up, so must final selling price.

As stated before, read a good thread about this here:

www.ar15.com/forums/topic.html?b=1&f=5&t=382242

And, if you think the oil companies are making "too much profit", then buy some stock and get rich.

Quoted: Quoted: Quoted: Quoted: BTW, Trusting corporations to look after you is as dumb as trusting the government to. Tj Possibly, it is dumber.  At least the .gov isn't out to make a profit on you... Thanks for the levity and the laugh.  You comment is really timely as I am now figuring my quarterly taxes. Well, I didn't say they weren't after your money, but one can hardly describe our .gov as a profimaking concern...

Governments gain their power by taking money from the citizens.  They then give this money away to their 'friends' in the political arena.  These 'friends' profit at the taxpayers expense.  These 'friends' then turn around and support their money grubbing politicians at election time.  These politicians promise more goodies to their special 'friends'.  They then are re-elected and amass quite a bit more power and public salary.

At least private corporations drive economic growth, invention, job creation and a betterment of our way of life.  The government doesn't do anything well, except fight wars, and if the liberals have their way with that, they won't even be able to do that...

Quoted: Quoted: Not arguing your point on supply and demand but pointing out price fixing.   The cost to refine oil varies company to company as well as the cost of oil.  Just because oil goes up on Monday doesn't mean the oil in a tanker already paid for on the ocean cost anymore, yet all the comapanies will match each others price to wholeseller overnight.   Tj Now TJ, you know better than this. Let's say you own a small grocery store.  You pay .80 for a loaf of bread and sell it for $1. One day, you are told that new supplies of bread will cost you $1.25. Do you sell the bread on the shelves for $1?  No, because it will cost you $1.25 to replace your inventory.  You must raise the price so that you can replace the inventory after you sell the present inventory without a loss. Same thing with crude oil supplies.  When the cost to replace inventory goes up, so must final selling price. As stated before, read a good thread about this here: www.ar15.com/forums/topic.html?b=1&f=5&t=382242 And, if you think the oil companies are making "too much profit", then buy some stock and get rich.

Sorry man.  It will never work.  No matter what you say, you will never convince people that oil and gas has to follow the same economic rules as everything else we buy.

Lets just hope that the people that prevail in our economic policymaking 'get it'.  If they don't, we're screwed.