[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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