Although at this writing the price of a barrel of oil has dropped to around $42.34- gasoline prices have been RISING again.
Most area gas prices are again approaching $1.60 per gallon- after being around $1.30 per gallon when oil-barrel prices were similar to today.
Reports from news sources also report that oil companies are leaving fully-loaded oil tankers off-shore- waiting for a good time to gouge America with exorbitant fuel prices.
Americans- conserving gasoline since summer- are now being rewarded with higher fuel prices and talks of raises in fuel taxes.
You CAN'T win!
__________
3 comments:
Just and FYI -- oil is traded on the open market. It's not controlled by this syndicate of "oil companies" gouging you. It's price is controlled by market factors, not some group of 5 dudes smoking cigars in Copenhagen.
If you're curious, look for the ticker US@CL.1.
Well I saw the same 5 dudes in a cafe in Amsterdam.
They had oily hair- sticky hands and they WEREN'T smoking cigars....
-Groucho
Post a Comment