Thread: Gas Prices!
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Old 05-18-2004, 03:19 PM   #51
NJTackle
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Join Date: Dec 2002
Location: Point Pleasant, NJ
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I kind of look at it differently. We've made great strides in technology in the way we refine fuel. One would think this increase in efficiency would be carried down to the consumer.

Here is a simple example: Looking back, VCR's cost a few hundred bucks back in the day but you can now buy them for $59 in Walmart. Why? We've gotten more efficient in manufacturing (not to mention overseas manufacturing but that is a whole different issue).

Has the cost of refining fuel really sky rocketed in proportion to the increases we see at the pump today? I don't think so…..someone is giving us the hot poker here!
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