gas prices going up
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Not that it makes any difference right now but I am really glad I have the V6 right now....
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Yep. Just paid 3.44 this afternoon for 93.
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i knew i should've bought the volt instead.:mad0260:
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"There's nothing this industry can't survive"
Greedy pricks. They have us by the balls and they know it. |
Bend over and grab your ankles. Nothing you can do about it except not drive.
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I think as a society we can and have...The psychological threshold was $3...Now it's $4...If the oil and gas companies have altered our threshold for what we will pay, They feel that now it's time to push it. We have to remember that prices are still market driven. If we carpool and drive less...we consume less and therefore they must respond. Now believe me I am dying not being able to drive my Camaro this winter. The local paper has suggested not purchasing gas on certain days of the week and of course encouraging carpooling. When gas last hit $4+ the demand dropped off dramatically and our recession kicked in. If we approach $4 a gallon, our recession WILL double-dip and the recession will deepen. I just find it funny, that the Liberal media and everyone who wanted Barack Huessein Obama elected in the summer of 2008 blamed Bush and his cronies for the high gas prices...I wonder who they will blame now????
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Higher oil prices have fattened oil company profits. Excluding BP PLC, the four other major investor-owned oil companies posted combined profits of $59.7 billion in the first nine months of the year, a 49 percent increase from the year before. Exxon Mobil Corp., Royal Dutch Shell, Chevron Corp. and Total SA are expected to earn $81 billion for the full year.
The fifth oil giant, BP, was held responsible for the largest offshore oil spill in U.S. history and booked $39.9 billion in charges related to the disaster. Excluding special expenses like the Gulf of Mexico spill, analysts say the company will still earn $20.2 billion in 2010. These companies are making 10's of billions of dollars PROFIT. Yet they feel the need to raise prices. How much profit margin do they need?? |
I'm very glad I got the V6
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I agree that they are making to much profit but there are way to many politics involved.
UK pays 7.50 a gallon. I am sure one day US will be paying the same if not more. All it is doing is making the separation between those that have money and those that do not that much wider. |
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We are still priced less than most of the world, middle east excluded. Going to start walking to work, so I will have more $$'s for gas for the Camaro! Have to leave at 1am to be in by 8am! Will not get much sleep........:confused0068: |
I would like to see the markets quit trading the commdity as they seem to have more to do with price than the actual demand. However in my opinion if they halted this type of speculation trading this would not allow the government to push their agenda. As Dwight Schrute once said, "Hell yeah this building is going green...green in my pocket". :)
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