The gas pump price has more to do with psychological warfare than supply and demand. What do you think?
Oct 31, 2009
in
Hurricane
Their colors are showing. I mean Exxon, Texaco, BP et al. First Hurricane Dean isn’t here yet and the Texas coast is paying 20-cents more per gallon than it was last week. Such compassion, such civic responsiblity — this price banditry is the hallmark of big oil. Remember Katrina. Same thing.
Space493: Greetings. No conspiracy. Just business as usual. Nationalize them all I say. The nation’s economy is more important to we the people of America than making a few New Jersey fat cats fatter.
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One comment
Space493 on October 31, 2009 at 7:08 pm
Couldn’t be the local gas station owners raising prices on fuel that was already in their tanks just based on the guess that they will have to pay more for the next order. No it must be a big corporate conspiracy.
How about this in NC a gas station off RT 95 advertised on their pumps that the price per gallon excluding taxes was $1.06 per gallon and the total federal and state tax amounted to $1.26 per gallon (this was a number of months ago I am sure the price is higher now). You will find that in almost every state you pay more in tax for each gallon of gas than you do for the gas. Since most taxes are a percentage every time the price of gas goes up the taxes automatically go up. Where is our caring government with a tax break for these areas?