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Originally Posted by SIKSUKR
You can believe what you want.Maybe the conspiracy theory,yea that's it.They're out to get us!Simple economics,supply and demand.Am I happy about it? No but we still have the cheapest gas in the whole western world.
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I fully agree with you that we have the cheapest gas in the Western World, and I have never whined about the price. What I do argue about is the yo yo effect that the prices go through every year, because the supply is supposedly short. Then when the gas companies see there revenue going down the prices suddenly drop... But they never drop as quickly as they go up.... I also wouldn't mind the yo yo effect of prices if I was paying for the expensive barrel of oil when the gas from that barrel hit the market.... but I pay a high price for a gallon of gas when the barrell that made that gas was 10 to 20 dollars cheaper.... Plain and simple the oil companies are taking advantage of thier situation..... the question is when do they abuse thier advantage, and currently I feel that they are abusing the situation.... I don't have a problem paying a higher price for gas but when the prices swings around the way it has over the last several years, and the Oil and Gas companies are making RECORD BREAKING profits, I do get angry.......