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gassmiser Champion Author Corpus Christi Posts:10,510 Points:2,040,280 Joined:Aug 2007	Message Posted: Jan 15, 2009 9:34:48 AM Ignore gassmiser Report Abuse Gas prices continue to rise, even though crude prices are continueing to trend downward. Prices are up $0.24 in my area so far this year. Do you think that refiners are trying to increase their already large profit margins, are increases political or is there some other reason the public is having to pay such a large premium?

gassmiser

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Corpus Christi

Posts:10,510
Points:2,040,280
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Message Posted: Jan 15, 2009 9:34:48 AM

Ignore gassmiser Report Abuse

Gas prices continue to rise, even though crude prices are continueing to trend downward. Prices are up $0.24 in my area so far this year. Do you think that refiners are trying to increase their already large profit margins, are increases political or is there some other reason the public is having to pay such a large premium?

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jhmatthias Champion Author Pittsburgh Posts:84,550 Points:1,612,375 Joined:Oct 2008	Message Posted: Jan 28, 2009 4:08:40 AM Ignore jhmatthias Report Abuse Boo hoo to the fat oil companies.
kwilson3 Champion Author Alabama Posts:1,320 Points:116,920 Joined:Nov 2008	Message Posted: Jan 27, 2009 6:27:16 PM Ignore kwilson3 Report Abuse those robbers
catfish99 Champion Author Wilmington Posts:13,963 Points:2,495,550 Joined:Sep 2005	Message Posted: Jan 16, 2009 5:26:07 AM Ignore catfish99 Report Abuse Really, it was explained to you that "terminals" can manipulate world commodity prices? I'm in the wrong business. Retail gas prices trail crude trading prices. Take the time to pull up the gasbuddy price charts and see for yourself. Between December 23rd and December 29th, crude prices rose over 20%. During the same time, gas prices fell. Between the 29th and january 6th, crude rose another 20%. Gas prices rose 10%. Since the 6th, the price of crude has fallen, while gas prices have risen about 3%. We are far from the peak demand season, which means retailers have fuel in their tanks longer, and price change is slower. This may not satisfy your hunger for someone to blame, but it really does explain price movement.
mawpaws Rookie Author Missouri Posts:1 Points:3,570 Joined:Nov 2008	Message Posted: Jan 15, 2009 2:01:04 PM Ignore mawpaws Report Abuse Was explained to me that it is the terminals that are making prices rise. Want to make "more" money!!!