[Vwdiesel] cheap tommorow

LBaird119 at aol.com LBaird119 at aol.com
Sat Dec 8 09:42:27 PST 2007


In a message dated 12/8/2007 9:03:06 AM Pacific Standard Time, 
gcklein at charter.net writes:

> I for one think that its not only the oil companies that want to keep the
> supply artificially low, but it is the gov't that would lose as they won't
> get the gas tax revenue that they get now.
> 

  Then again OPEC would stand to lose quite a bit if the price
dropped.  I still haven't seen any stations with empty tanks 
so where's the low supply?
  Dad brought up a good point yesterday, since a barrel is 31 
us gallons and the price is about $90/barrel, he was wondering 
how they manage to sell it for the price they do here and make 
any profit at all.  Since they pay about $3/gallon, sell it for a 
little over that, don't get 100% return on the refining, lots of 
taxes along the way, paying business costs and so on...
     Loren


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