Quote:
Originally Posted by Chan
Observation. Oil prices fell and gas prices have not followed suit. Demand in the US has fallen and prices in the US have not followed suit (it doesn't matter what happens in other countries, their prices are not our prices). The rise in gas prices is an intentional act by real people (so, don't give me any of your supply and demand crap) who are intent on making a whole hell of a lot of money. There may also be something else going on: a process setting us up for greater government control over society, including a global government complete with a global currency and global regulation of the economy.
|
Sorry, but since it is a global commodity, gobal prices are what count. And anyway, I am seeing a price drop in gas.
You do know that gas prices are set by the gas stations (each station independently) and you know that they make very little money, right? If oil falls to $5 a barrel, gas will drop, because if gas stations are only paying $0.50 a gallon, then some of them will lower their prices to take customers from those that refuse to lower prices, that's how supply and demand works.