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Originally Posted by Adept1
The gasoline prices have been jacked up by the middle east and other major suppliers and if the conflicts are ever settled and it stops actually costing so much to "get" the oil from that region the prices will fall back to a somewhat normal level.
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And the sheeple keep on repeating the lies of the big business.
I remember when I lived in San Diego, every once in a while there would be an "investigation" into price gouging.
And then miraculously, the gas prices would drop quickly.
And when the news went away, gas prices went back up. Everywhere. Between companies that were not "related" to each other...
"jacked up by the middle east"?
As the U.S. oil companies report record numbers as gas prices climb?
Give me a freakin' break.
Last summer when oil traded at a record high near $79 a barrel, gas at the pump went for about $3.03 a gallon. Today, crude's about $65 a barrel and a gallon of regular unleaded costs $3.10
Doesn't seem right, does it? The price of a barrel of crude ought to be a better benchmark for what you pay at the gas pump.
Gas: The price-per-barrel disconnect - May. 16, 2007
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Originally Posted by Adept1
You cannot deny that it is more the fault of the fact that 60% of our oil comes from foreign sources is the reason for the costs being so high.
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The logical fact that it has ALWAYS BEEN THAT WAY clearly negates such a pretense that the 60% causes our oil prices to go up.
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Originally Posted by Adept1
The laws of competition are absolute. They cannot be refuted.
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And yet, they have been, because you fail to recognize that the "competition" isn't just for the "consumer".
There is also competition for the investor.
Competition for company profits.
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Originally Posted by Adept1
They can however be totally interfered with by politicians and lawyers. If you can make the rules you can do anything you want with prices. Example......cigarettes are more than $5 a pack in NYC. Do the tobacco companies make all that profit? Don't the people of NY buy their cigarettes on the "black market" at a lower price whenever they can? Black markets are a direct result of government interference with the free market. Soon we will be getting our best healthcare from the black market.
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Who the heck said anything about "black market"?
Stay on topic, or there is no point in talking to you...
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Originally Posted by teacher
Are you saying...?
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No.