Your friendly neighborhood CNW fan.
BNSFrailfan wrote:The price of gas is now $3.09. And that's Regular. E10 is much higher. Yesterday it was $2.99. A 10 cent jump in just one day. I went to Fremont today where gas is still $2.99 in some places. Totaly unreal. I think that someone should go to prison for this price gouging none sence. Big oil continues to make billions and billons while we suffer.
This may be a dumb question but I'll ask anyway:
Do you have any evidence that gas stations are price gouging? Or is it just because gas is over 3 dollars a gallon? In Europe the fix must be in because they are paying in the neighborhood of 7 bucks a gallon. Maybe everyone should go to prison?
ExxonMobil earned 18.35% on sales before taxes in the 2nd Q.
BNSF earned 19.83%.
Shippers are facing very much what you are facing, even a little worse. Except when they have to cut back, people lose their jobs and families are in jeopardy. Not like you, who can't take as many pictures.
But, do you really think Matt Rose ought to go to jail?
Or get a raise?
....Let me jump in with my figures for comparison of some wild gasoline prices....In the last 24 hrs or so prices for N L regular here in the Indy / Muncie area made a real nice jump to support their profits...{Whatever they earned over this last quarter}...One day a low of 2.69 and yesterday jumped to 3.19...!! Now I believe that's a bit much....50 cents a gallon in 24 is something other than normal business practice....
That seems to be just a bit much...Call it what you will but somewhere someplace something is going way out of line...and we, the consumers are of course the victims.....
As for the comment above again of Europe paying X amount for fuel...Apples and oranges again....Much of social structure being paid with excessive taxes over there which is much different than here in our country.
Quentin
Have U seen this report yet?
http://today.reuters.com/news/articleinvesting.aspx?view=CN&storyID=2006-08-08T163120Z_01_SP179724_RTRIDST_0_MARKETS-OIL-UPDATE-8.XML&rpc=66&type=qcna
BNSFrailfan wrote:I AM SO TIRED OF THE SERIOUS PRICE GOUGEING AT THE PUMP. WHAT ARE YOUR THOUGHTS ON THIS. ALLAN.
Living nearby to MP 186 of the UPRR Austin TX Sub
....And now in the morning paper we see our government has agreed to open the U S Strategic Oil Reserve to replace the loss from Alaska while that problem is being handled.
So if that is the case, why would the world market shove the price higher since we would not be drawing any more crude from that market....Once again, greed rears it's ughly head...What else...
And of course the article also indicated that would translate to 6 to 10 cents a gal increase in retail price...All the better to add to their wonderful profits.
Modelcar wrote:....And now in the morning paper we see our government has agreed to open the U S Strategic Oil Reserve to replace the loss from Alaska while that problem is being handled. So if that is the case, why would the world market shove the price higher since we would not be drawing any more crude from that market....Once again, greed rears it's ughly head...What else... And of course the article also indicated that would translate to 6 to 10 cents a gal increase in retail price...All the better to add to their wonderful profits.
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