I don't have a problem with the holiday spikes. Makes sense. Demand will undoubtedly go up, so raise a price a bit. When the holiday is over, price usually goes back down.
But overall demand for gasoline has actually decreased in this country for the first time in 20 years. The price of oil has dropped significantly in the last several days. But prices have either held steady, or RISEN. How can that be? Because 5 oil companies hold a monopoly that fixes prices on a commodity that is required by just about every person in this country. Their margins are so ridiculously high, and their competition is pretty much non-existent...that supply and demand ceases to be a major affecter of their business. And it's crippling this country right now. On Wed, Jul 9, 2008 at 8:07 AM, Jim Davis <[EMAIL PROTECTED]> wrote: > > -----Original Message----- > > From: G Money [mailto:[EMAIL PROTECTED] > > Sent: Tuesday, July 08, 2008 10:55 AM > > To: CF-Community > > Subject: Oil > > > > So oil is down $8 in the last 2 days....what's the price of gas done in > > that > > time? Yep....RISEN. > > Ours (Northeastern PA) has gone down slightly (about 8-10 cents). > > I assumed that's because it was artificially raised for the holiday weekend > and now coming down to the "actual" levels. > > I expect to see another spike in price around Thanksgiving. > > Jim Davis > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;203748912;27390454;j Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:263601 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
