posted on Sep, 5 2006 @ 03:39 PM
Precisely, Djohnsto. The oil companies are still making their 10%-12% profit margin, regardless of whether the gas is 2.00 a liter or .75 a liter. In
other words, they [buy crude/ spend money to refine ] the barrel of oil at 100% cost, and then they sell it to gas station owners at 110% of what
their cost was. Really, really simple economics.
And if you think it's "convienent" that the prices are coming down near election time, well, it's really REALLY convienent that Hamas and Isreal
stopped fighting, That mother nature has given us a break this year (knock on wood), that there have been no terrorist attacks to disrupt the flow of
oil, etc, etc.
Oh wait, that's all the illuminatist conspiracy...