freebornred said:true that brotha!
Thanks Freebornred, Yes in some way we are all brothers, brotha!
effin scumbags!!!!!
- Thread starter hammer1
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Thanks Freebornred, Yes in some way we are all brothers, brotha!
You Bush haters crack me up. Bush and his cronies have as much to do with oil prices as John Kerry has to do with ketchup futures.
You may want to brush up on your capitalist Econ 101. You'll find it a little different than the Econ 101 in the little red handbook
You may want to brush up on your capitalist Econ 101. You'll find it a little different than the Econ 101 in the little red handbook
nymbert said:
I think the same way as you do, but I also think that bush could do something about the sudden rise in gas prises.... At least put a cap on it, he could do something!!!! How are people supposed to drive to work anymore. I live nine miles from work and I drive my gas hog of a LC. It kills me to think I am paying $3+ per gallon... effing bullsh!t..
F-U
Shell, Exxon, BP, and all others 
- Thread starter
- #44
how come we have not heard the airlines cry about the rising cost of fuel? or the electric companies cry about the increase in the cost of the oil-based fuel for the power plants? or the cruise lines cry about the cost of marine-grade fuel?
why just gasoline??????
think about it......
why just gasoline??????
think about it......
I agree these gas prices are ridiculous, but it's not OPEC or the White House's fault. Crude prices are driven by trading on Wall Street in the form of Futures. If the general public thinks oil prices are going to be high then they will be high. Driven by thoughts of supply and demand we decide the price. The hurricane knocked out alot of crude production and the supply went down and everyone figured gas prices would jump, and they did.
Second problem is the refineries can't process the crude fast enough to keep up with demand. We need another refinery built to keep up with demand.
Second problem is the refineries can't process the crude fast enough to keep up with demand. We need another refinery built to keep up with demand.
nymbert said:
Wahooooo, yes! People are fighting at the gas stations here in Portsmouth. Its so funny. The other day before the hurricane I filled up all my gas cans and cars. The price of fuel at the time was $2.50 and now 5 days later the price is $3.15 and all the stations are closing because they don't have any fuel to sale. I have liquid gold in these cans muhahahahahahah.....
hammer1 said:
It's common, you're wasting your time. Stations base prices on the replacement cost of what they are selling.
Like if you sell Fred's Brand widgets in your store. You order 10, at 90 cents apiece. You put them in your store for $1 each, then all the sudden I call you up and say the wholesale price on widgets is going up to $1. so you have 10 in the store at $1. When you sell them, you will have to replace them at $1. So your net, short term profit is exactly $0.
So you sell the ones you have for $1.10 to make money over the new wholesale price. It's hard to believe, but your gas station probably makes more money selling you a Coke and a bag of Doritos than they do selling you 10 gallons of gas.
Fred
- Thread starter
- #49
i know..i deal with that scenerio everyday. but read back a few about the airline/trucking/cruise ship post.sisukid1975 said:
i dont believe a f**king word they say. but they always can resort to your explaination, which IS valid. but we have no way of proving either side is right, so we laymen are stuck...
hammer
hammer1 said:
I agree that we're taking it in the tailpipe. But I also think the gas station owners are stuck in the middle, so blaming them isn't the solution.
I know a gas station owner. Profit is pennies on the gallon. That's why all the mom and pop gas stations are closed in favour of the big places. To make money you have to sell massive quantities, and you have to have a nice convenience store attached, cause that's where the real money is made. (Cokes and Chips and all the other overpriced items in there that you can get at the grocery for less money, but you're in a hurry so you don't mind paying the extra 50 cents)
Fred