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Originally posted by Neopan100
I heard people really complaining on the morning news...Gas is 3.95/reg-4.10/prem here in s. illinois. I have noticed a significant increase in food prices too. I keep all my receipts from the last 6 months and just comparing is really eye opening. I say, just by local temperament that at around 4.50/gal people will start reacting in a very negative way.
Shell and exxon made record profits so I guess that's all that matters rightedit on 25-4-2011 by Neopan100 because: (no reason given)
Originally posted by Thoriumisbest
The oil price is high because of speculation. There's actually a world glut. There's so much oil in storage that they can't unload the tankers.
Speculators drivin gas prices high