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Originally Posted by Swimmer
One thing that has changed dramatically is the standards used by the companies on which they use to set the price at the pumps. Before two to three years ago it was how much supply on hand dictated what was charged to us at the pump. Now it seems the price is based on unpredictable market values of oil supplies that have yet to be ordered. A whole new era of market economy has been born that no set rules have been established for. Guidleines cannot be made when the basis of pricing is unprecdictability. Unpredictibilty also covers up many gouging practices that obviously have occurred. Unpredictibilty is such an ambiguous and outrageous pricing technique it reeks of corrupt billing practices that no one could uncover a legitimate crime. It is one thing to think a crime has been committed in your heart, but your brain has to prove a crime actually happened. Only on Wall Street could a pipeline leak in Mexico, an Al Quaida operative bombing a pipeline in Iraq, or 50,000 new cars on the road in China drawing down the worlds oil supply, appear to us in the pricegouging of gas at the pumps that resembles an ajustable rate mortgage. One nevers knows if the mortgage rate is going to be the same one year to the next. Just my two cents.
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Exactly. Right now is when we should be experiencing any supply crunch from Katrina---not a day after the storm. Yet, the prices here have dropped by about 70 cents a gallon.
Do you think it was any accident that the prices spiked in the 4-5 days before Labor Day weekend, just before the end of the busiest driving season of the year?
And have steadily dropped since?
