Lifestyle > Train of Thought

What's Up With The Gas Prices?

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Javier:
http://news.yahoo.com/s/ap/20051110/ap_on_go_co/congress_oil

"The executives represented five major companies that, along with their global parent corporations, earned more than $32.8 billion during the July-September quarter. Consumers, meanwhile, saw gasoline prices soar beyond $3 a gallon in the aftermath of supply disruptions caused by Hurricanes Katrina and Rita."

Lincoln:

--- Quote from: PE2 Tha Dope Deala on November 15, 2005, 01:03:01 PM ---
--- Quote from: Lincoln The Reform-A-Tory on November 15, 2005, 12:58:28 PM ---It was like $0.88/L last time I saw, but I passed a gas station today on the bus and it was about 85 cents. Way down, in August and September it was like $1.30. I would imagine it's just supply and demand. When the prices were high people cut way back in their use so lower prices were actually making more money in the long run.

--- End quote ---
im moving to wherever they have those prices

--- End quote ---

Why, where do you live that it would be more than that? If you're in the US, this is litres not gallons. A gallon is around 4 litres, US has it so cheap.

Teddy Roosevelt:
Why do oil companies answer to congress?
And Pink where do you get your sigs from?

Javier:

--- Quote from: Dat Nigga Ted aka Eri-Jordan on November 15, 2005, 01:16:36 PM ---Why do oil companies answer to congress?
And Pink where do you get your sigs from?

--- End quote ---

They didnt have to, the execs were more than happy to answer the senate's questions. 


lol and i get the Gifs from this myspace group...
http://groups.myspace.com/arresteddevelopment

The GIF topic, also they have some at the IGN boards in the Arrested Development group

Lincoln:

--- Quote from: Dat Nigga Ted aka Eri-Jordan on November 15, 2005, 01:16:36 PM ---Why do oil companies answer to congress?

--- End quote ---

A huge increase in prices is very likely to be a result of collusion on the part of the companies, which (correct me if I'm wrong) is illegal in most countries.

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