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oil price gouging falling apart???

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oil price gouging falling apart???

Old 05-14-2013, 11:12 AM
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Default oil price gouging falling apart???

Hmmm

http://www.reuters.com/article/2013/...94D0MX20130514
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Old 05-14-2013, 11:22 AM
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There's no price manipulation in oil and gas industry , is there ?
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Old 05-14-2013, 03:20 PM
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Every Hess station had the same price,and it was in the news paper, the price had come down by $.10 a liter.
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Old 05-14-2013, 03:51 PM
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It took this article for you to realize this? Some here would tell you this isn't what is driving the prices.
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Old 05-14-2013, 04:32 PM
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Bad news: oil prices are $10 -15 over current fair value.
Good news: that's what is driving the oil boom in this country which will soon make us independent of OPEC.

Which would you rather have, cheap gas or energy independence?
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Old 05-14-2013, 04:37 PM
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Originally Posted by caltexflanc View Post
Bad news: oil prices are $10 -15 over current fair value.
Good news: that's what is driving the oil boom in this country which will soon make us independent of OPEC.

Which would you rather have, cheap gas or energy independence?
Heh.
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Old 05-14-2013, 05:26 PM
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Originally Posted by caltexflanc View Post
Bad news: oil prices are $10 -15 over current fair value.
Good news: that's what is driving the oil boom in this country which will soon make us independent of OPEC.

Which would you rather have, cheap gas or energy independence?
Do you really believe this?
There will be no diff. in how things are run. To much oil produced and the ind. stops drilling to get supply and demand back up.Then we start getting oil from OPEC again.Any oil drilled in this country is going to the highest bidder. (China) for ex.It isn't going to benefit this country in the way of cheaper fuel prices. Oil in this country is being turned into diesel which is in higher demand in European countries.That's why diesel is so high here.
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Old 05-15-2013, 04:07 AM
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It's all that Kentucky oil they're finding....saw it on tv
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Old 05-15-2013, 04:14 AM
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Originally Posted by caltexflanc View Post
Bad news: oil prices are $10 -15 over current fair value.
Good news: that's what is driving the oil boom in this country which will soon make us independent of OPEC.

Which would you rather have, cheap gas or energy independence?
Might not get either one. Interesting reading here.
http://www.technologyreview.com/news...-independence/
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