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Essex502
03-31-2004, 10:10 AM
Read some conclusions as to why the gas prices are so high and the big oil companies are reporting record profits - at YOUR expense.
Report (http://citizen.org/documents/oilmergers.pdf)

Blown 472
03-31-2004, 10:15 AM
Originally posted by Essex502
Read some conclusions as to why the gas prices are so high and the big oil companies are reporting record profits - at YOUR expense.
Report (http://citizen.org/documents/oilmergers.pdf)
Cuz they can:mad: :mad:

AdrenelineOD
03-31-2004, 10:33 AM
I ain`t readin! I should have bought stock in gas.( I think?):mad: Its worse than the DMV. We just need to send the environmentalists to the jungle and use our own.:D

Goodtime$
03-31-2004, 10:35 AM
I believe those sand dune buggin mes, OPEC decided to raise the prices of oil per drum etc.
Also we have a shortage of refineries? hmmm in CA most are in CA. WOW..
also doesnt help when exxon mobil etc mergers are accross the board, wish I had an oil well right now.....
put it this way, my dad lives in Kona, HI and his gas is the same price as ours in souther cal.

bigq
03-31-2004, 11:30 AM
Good info. I would disagree with a copule of points. First, Bush filling the SPR, I think he is scared to some extent of another attack and not having enough and second withthe increase of fuel economy wouldn't it make the price per gallon go up so the companies could still make there profit with less consumption?

Essex502
03-31-2004, 11:55 AM
If you look into the issues it has been reported that the typical CA refinery is making $0.60 or so per gallon of gas where in the past before consolidation the renery profit was $0.22 gallon...makes ya' think.