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(Yahoo)   Oil up $3/barrel today on news that the oil supply is easily manipulated   (finance.yahoo.com) divider line 14
    More: Stupid, North Sea, oil supply, heating oil, high taxes, advanced economies, Naimi, US dollar, oils  
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698 clicks; posted to Business » on 09 Oct 2012 at 8:09 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-10-09 05:57:28 PM
img.photobucket.com
 
2012-10-09 06:12:33 PM
My father put something up on Facebook saying liberals made the price of gas go up. I asked him if we did that, why the hell would I make myself pay that much for gas? He didn't have an answer for that.
 
2012-10-09 06:50:16 PM

GAT_00: My father put something up on Facebook saying liberals made the price of gas go up. I asked him if we did that, why the hell would I make myself pay that much for gas? He didn't have an answer for that.



That's better than me trying to explain the very basics of how farking OPEC works...
 
2012-10-09 08:38:38 PM

UberDave: GAT_00: My father put something up on Facebook saying liberals made the price of gas go up. I asked him if we did that, why the hell would I make myself pay that much for gas? He didn't have an answer for that.


That's better than me trying to explain the very basics of how farking OPEC works...


Supply and demand, right?

(They control the supply and demand whatever they want)
 
2012-10-09 08:56:37 PM
In related news, gas prices expected to go up because f*ck you, that's why.
 
2012-10-09 09:04:11 PM
Something very strange and new has been happening, though.

I drive from MD to Maine on a regular basis. I cut through DE, NJ, NY, CT, MA, NH and then, Maine.

Normally, NJ has the cheapest prices, with MA being a close second. NY, CT are the highest, with NH being almost on par with MA.

Recently, MD has had the cheapest prices - $3.50 when I last looked. NJ was $3.77, which is odd. MA has crested $4.00, same with NH and Maine.

What the fark is going on? It seems that local businesses are more vigorously determining what the market will pay? I've never seen such a radical change in pricing, ever.
 
2012-10-09 09:48:59 PM

Znuh: Something very strange and new has been happening, though.

I drive from MD to Maine on a regular basis. I cut through DE, NJ, NY, CT, MA, NH and then, Maine.

Normally, NJ has the cheapest prices, with MA being a close second. NY, CT are the highest, with NH being almost on par with MA.

Recently, MD has had the cheapest prices - $3.50 when I last looked. NJ was $3.77, which is odd. MA has crested $4.00, same with NH and Maine.

What the fark is going on? It seems that local businesses are more vigorously determining what the market will pay? I've never seen such a radical change in pricing, ever.


I have no idea, and around here (Michigan) I've seen 30-40 cent differences between stations that are located only a few hundred yards apart. No idea why this is happening, but this unpredictability in gas prices is definitely not encouraging people to continue driving gas guzzlers.
 
2012-10-09 09:53:55 PM

UberDave: GAT_00: My father put something up on Facebook saying liberals made the price of gas go up. I asked him if we did that, why the hell would I make myself pay that much for gas? He didn't have an answer for that.


That's better than me trying to explain the very basics of how farking OPEC works...


I seem to remember back in the early 70s OPEC could just decide what the price of oil was going to be. And they took big advantage of that on two occasions by imposing astronomical price increases overnight. That was part of the reason for the stagflation of the 1970s.

Now it appears it is set by the market. When did the change happen?
 
2012-10-10 12:19:58 AM
gasbuddy.com
 
2012-10-10 04:40:32 AM

Znuh: What the fark is going on? It seems that local businesses are more vigorously determining what the market will pay? I've never seen such a radical change in pricing, ever.


Maybe CA really does set the trends.
 
2012-10-10 08:15:00 AM
California's gasoline prices are California's own fault. They have limited the number of refineries there and then require their own blends so gas can't be brought in from other states. It's all supply and demand.
 
2012-10-10 09:16:49 AM
Gas prices up 3.00 a barrel on news that Iraqi oil supplies will double and a massive oil boom is coming to the US.

This just in: My Blood pressure is up on news that Oil is up 3 bucks a barrel for no apparent F-ing reason,
 
2012-10-10 09:20:08 AM

DanZero: [img.photobucket.com image 729x780]


You've been favorited for that. lol
 
2012-10-10 11:04:15 AM

King Something: In related news, gas prices expected to go up because f*ck you, that's why.


When you stop and think bout it, that's actually a pretty good reason.
 
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