2257-Ben |
09-01-2005 02:42 PM |
Quote:
Originally Posted by High Quality
"Don't buy gas if you don't need it."
:1orglaugh :1orglaugh :1orglaugh
So funny had to post....
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He said that so that people would not run out and buy gas and create shortages in the short term that would drive prices up. You can bet your ass that the oil companies are not going to allow prices to come down after they have gone up to $3 or $3.50 a gallon. If everyone just runs right out and buys gas and causes all of the stations to run out of fuel, the remaining stations that have gas will raise their prices due to the economic laws of supply and demand. The higher the demand and the lower the supply, the more 'valuable' the commodity.
One thing that pisses me off about this situation is that here in CA it is against state law to sell gasoline that has not been refined here in CA. So, the shortages of oil and gas on the Gulf Coast should not affect our prices... but apparently the oil companies don't see it that way. We've had a $0.25 increase per gallon since Monday, even though we don't get ANY of our gas and oil from the Gulf Coast.
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