Going back to work....
Posting Guru
Joined: Sep 2008
Posts: 1,512
Likes: 0
There's a petrol station about 10 miles from me and it is still at $3.70 last time i went past it. The crazy thing is that there's one about 200 yards before it that it's $2.55 but people still go in there and fill up for $3.70 lol. I will never understand this.
Post Fiend
Joined: Jan 1997
Posts: 23,165
Likes: 18
From: Enjoying the real world.
$2.11 in Lilburn, Georgia as of yesterday.
Where are all the folks who said it was a conspiracy of the greedy oil men, and had nothing to do with supply and demand? Funny, lots of people on the boards ready to throw classist labels around but they all disappear when its time to eat crow!
Where are all the folks who said it was a conspiracy of the greedy oil men, and had nothing to do with supply and demand? Funny, lots of people on the boards ready to throw classist labels around but they all disappear when its time to eat crow!
Laughing Gas
Joined: Nov 2005
Posts: 983
Likes: 3
From: Detroit 'burbs
[quote=FTE Ken;6697440]
Where are all the folks who said it was a conspiracy of the greedy oil men"
I dont know who you are refering to, and I wouldnt say it was a "conspiracy", but I would point out when gas was $4 a gallon and oil companys were making record profits that they could've sacrificed some of that profit in order to help out the economy and STILL came out a head in the money department.
BTW, $2.25 Detroit suburbs.
Where are all the folks who said it was a conspiracy of the greedy oil men"
I dont know who you are refering to, and I wouldnt say it was a "conspiracy", but I would point out when gas was $4 a gallon and oil companys were making record profits that they could've sacrificed some of that profit in order to help out the economy and STILL came out a head in the money department.
BTW, $2.25 Detroit suburbs.
Post Fiend
Joined: Jan 1997
Posts: 23,165
Likes: 18
From: Enjoying the real world.
I dont know who you are refering to, and I wouldnt say it was a "conspiracy", but I would point out when gas was $4 a gallon and oil companys were making record profits that they could've sacrificed some of that profit in order to help out the economy and STILL came out a head in the money department.
BTW, $2.25 Detroit suburbs.
BTW, $2.25 Detroit suburbs.
Seriously... just because its an oil company doesn't mean it should somehow be different than operating any other business. What about all the pension funds, 401Ks and other retirement funds that invested in oil companies? Fair to them that the oil execs ignore fudiciary responsibilities?
How many here, if their employer experienced an upturn in business, would work twice as many hours for the same total pay, for the good of your customs and/or the economy? I doubt very few. Most would want time and a half or double time, or at least a bonus. Or try this.... what if you had a $2500 car and a $50000 car, both for sale. Would you take $1500 off the price of each if you needed to move it, or would you base it off the total price (in other words, margin)?
Senior User
Joined: Jul 2006
Posts: 488
Likes: 0
Don't try to bring up politics....them making record profits is not "fair"...they should donate their money and work for the fun of it.
Not many people understand "record profits", and profit margins and how they are related...
Not many people understand "record profits", and profit margins and how they are related...
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Super Moderator
Joined: Jan 2008
Posts: 40,035
Likes: 1,523
From: Maine, Virginia
$2.19 here in Southeast, Va. The shame of the whole thing is, my buddies and I at the post office were talking this morning about gas prices and we agreed that filling up for less than $4 p/g almost invokes a feeling of guilt. It may sound silly to some, but the market the way it is right now is driving down the price. Good for the consumer, bad for the oil companies. I shouldn't feel that way, it seems that the oil companies were profitable when gas was $1.00 per gallon.
Tim
Tim
