Oil prices jump after gasoline stocks tumble

[hillbilly frog]

Oil prices jump after gasoline stocks tumble
Wed Apr 11, 2007 11:30AM EDT


By Matthew Tostevin

LONDON (Reuters) - Oil prices jumped on Wednesday after U.S. gasoline stocks fell far more than expected ahead of the busy summer months in the world's top consumer.

Anybody splain this to a dumb truck driver? Price of gas keeps going up so they raise the price of oil so they can raise the price of gas so they can raise the price of oil so they can eat the s*** when we ain't got the money to buy it?

[Dirtball]

It's all about the almighty dollar. As long as Oil men are in office we will have big oil running this country. It never was about supply and demand.If that truly was the case then we would be drilling in Alaska right now.
Amazing how the stock market runs the world.

[brtecson]

were using up gas too fast, so prices go up.

[ranger309]

Originally Posted by Dirtball

It's all about the almighty dollar. As long as Oil men are in office we will have big oil running this country. It never was about supply and demand.If that truly was the case then we would be drilling in Alaska right now.
Amazing how the stock market runs the world.

Another problem is that no new refineries are being built so that we dont have the capacity that we should have and thuse prices are kept high as there is no way to lower demand.

IMO, its the oil companies that are at fault here, not American drivers.

Not much we can do but buy smaller cars for personal transportation.

[Dirtball]

Originally Posted by brtecson

were using up gas too fast, so prices go up.

If that truly is the case then why doesn't the Government push for better mileage automobiles ? The Oil companies cry poverty then boast about record breaking earnings.No my friend I can't believe Supply and Demand,But I can believe its about the Dollar.