[Centaur]

Originally Posted by fennway4414

If you mean me, no, I get paid every week.

Ya, I saw your reply, that was my 2nd guess.

Really.

[hunto]

Originally Posted by Saith

You mean besides the refineries that were closed down and the rising cost of oil?

Yes I mean the ones that were closed down and re-opened. The gas prices stayed high, even after refineries resumed production.

[ratman201]

I'd also like to point out that an oil companies profit margin is only slightly higher than a restaurant, the lowest of any form of business, which is insane when you think about the failure rate of a restaurant (60+%).

[Saith]

When you make it damn near impossible to open a new refinery for the past 30 years, as Congress has done, you make it damn near impossible to keep up with an ever-increasing demand. It's only natural that the price will hike. Especially as these older facilities start to break down and suffer the wear and tear of prolonged use at high capacity to keep up with demand.

If we could open more refineries and exploit domestic oil sources, that would lower gas prices.

[erco]

Oil's a commodity. People and trade it like they do Gold or Pork Bellies. Please look at Oil prices before and after the housing bust in the US. Think about where both foreign and domestic investors are shoving all their money. Currently, sitting in reserves, there's more than 2 years worth of oil doing nothing, other than accumulating value as it's price goes up. Food is similar. Since oil is so goddamned expensive, all the commodities speculators are tossing their cash into rice and corn.

[hunto]

Originally Posted by ratman201

I'd also like to point out that an oil companies profit margin is only slightly higher than a restaurant, the lowest of any form of business, which is insane when you think about the failure rate of a restaurant (60+%).

I disagree.

[bacon]

I think the gub'ment is still rat-holing oil into the federal reserve.

[liquid!]

I'm sure there are rats all along the supply chain squeezing us for pennies. The worlds crude oil inventory is a bit low because OPEC decides to slow production ..oops.. higher prices. Looks like this refinerary needs maintenance in the early summertime...oops.. higher prices.

[thethirddiaz]

Originally Posted by ratman201

I'd also like to point out that an oil companies profit margin is only slightly higher than a restaurant, the lowest of any form of business, which is insane when you think about the failure rate of a restaurant (60+%).

The biggest oil companies have had their biggest profits EVER the previous two years when the prices are the highest they have ever been. I'm not ok with that.

[Saith]

Three words that would immediately lower the price of gas at least $0.30

gas tax holiday