yea, true. The thing that makes me sick though is when prices start
going up like that, one station may raise theirs then the others and
they all just keep going up even though they "probably" have not gotten
a new delivery of fuel in.
Royce Engler wrote:
At the risk of igniting a flame war, I would point out that most of the
companies operating platforms in the Gulf shut them down before Rita passed
Key West. It takes a couple of days to shut everything down, button it up
and get the crews off. Also takes a couple of days to get them back out
there and light off the equipment, IF it isn't damaged. As far as the oil
market goes, that's pretty much run by a bunch of traders in button down
shirts at the NYMEC, and if they get panicked, the price goes up.
Royce Engler
1985 300TD Turbo 265K
-----Original Message-----
From: [EMAIL PROTECTED]
[mailto:[EMAIL PROTECTED] Behalf Of David Brodbeck
Sent: Wednesday, September 21, 2005 7:22 PM
To: Mercedes mailing list
Subject: Re: [MBZ] here we go again
On Wed, 21 Sep 2005 18:17:57 -0500, Kaleb C. Striplin wrote
Fuel prices just shot up again. Its really pathetic, it goes up 15
cents overnight and the damn hurricane has not even hit yet.
The oil market today seems to be like the stock market was in the 90s.
People think the price will go up, because of the hurricane, so they bid up
the price of oil futures hoping to make money. This kind of volatility is
what you get when you let speculators run rampant in a market.
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Kaleb C. Striplin/Claremore, OK
89 560SEL, 87 300SDL, 87 300SDL, 85 380SE,
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