Mobil/Exxon post record profit - Striper Talk Striped Bass Fishing, Surfcasting, Boating

Swimmer · 09-19-2005, 10:57 AM

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.

Raven · 09-19-2005, 02:32 PM

he's lovin it.....

Swimmer · 09-21-2005, 05:12 PM

You have a way with words.

Mike P · 09-22-2005, 07:10 PM

Quote:

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.

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?

MAC · 09-22-2005, 07:23 PM

I wouldn't be surprised to see it "get" down to $2.50. Then the oil companies will feel they did right by us. $1.79 a year ago..... This whole thing is a crock of chit. Now who knows where Rita will lead prices. I think I'll go oil my bicycle chain.

NaCl H2O · 09-23-2005, 09:59 AM

Quote:

Originally Posted by MAC

I Now who knows where Rita will lead prices. I think I'll go oil my bicycle chain.

Make sure you use synthetic oil while you're at it

Thom · 09-23-2005, 01:32 PM

Just got the gas bill here at the plant for last month took my breath away the boss made us switch back to oil at the being of the month he figures we will save about $40,000 by going on oil. My heart goes out to the people that are using natural gas for heat they are going to pay threw the nose something to tune of 60% more than last year is what the experts are predictting and oil is going to be right around the 35% for the heating season. electirc is going up about 17% or so this heating season. Pretty scarey right now let all pray for a warmer than normal winter this year. ThomT

Mike P · 09-24-2005, 10:10 AM

Quote:

Originally Posted by MAC

I wouldn't be surprised to see it "get" down to $2.50. Then the oil companies will feel they did right by us.

And all the dumbchits will think they're getting a deal.

There's a Gulf station in the town my ex lives in that's selling regular for $2.75 a gallon. Within a mile radius, there's 5 other stations selling for $2.89. I drove by last night on my way to pick up the kids. The Gulf station had lines at least 20 cars long, waiting to save a whopping $2.80 on a 20 gallon fillup (and most aren't filling up from empty). Figure a good 40 minutes to an hour waiting to save a lousy 14 cents a gallon, and most cars will probably burn at least a gallon idling for that time and wind up at best, breaking even on the fill-up----some might even wind up with a net loss

As long as such stupidity abounds, can you blame the oil companies for taking advantage of it

MAC · 09-24-2005, 10:49 AM

I agree we ( the US as a whole) are our own worst enemies.

Van · 09-24-2005, 05:33 PM

Funny thing is I have seen many storms hit the south, and i sure don't remember the gas prices going up...

Just an excuse to scam the hard working middle class that depend on gas for EVERYTHING..........

That POS Bush has turned the whole world against us and mother nature.....

and he has the oil Cos in his pocket or should I say they have him in their pocket.

Raven · 09-25-2005, 11:42 AM

free......

http://www.oilendgame.com/ReadTheBook.html