Friday, March 28, 2008

From Crude to Screwed

Why do gas prices skyrocket immediately when the cost of crude goes up? This shouldn't happen because there is always a 2-3 month supply that is already in the US that must be run through and used up. Right now the supply is at a 15 year high, and demand is in a "free fall." It's like these companies have a trader on the trading floor who phones into corporate when the price of crude increases. "Jack the price up $0.20 per gallon right now, crude just topped $104!"

It occurs to me that some blatant swindling of consumers is going on here.

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