[Vwdiesel] Diesel prices

William Longyard longyard at ix.netcom.com
Sat Nov 29 13:15:25 PST 2008


Here's how it explains it:

If you do $100 of business and expect a 4% return on business, if you are 
lucky you will make $4.

Let's say that suddenly you do $300 of business, and now make $12.

Have you "gouged" anyone?

Also, please tell me how the commodities market (oil, pig bellies, corn, 
etc.) is any different from eBay?  Do you deal on eBay?  If so, do you set a 
limit on how much you would charge someone for an item if they were willing 
to bid more?

Yours,
Bill Longyard


----- Original Message ----- 
From: "Terry Briggs" <vbriggs at stny.rr.com>
To: <vwdiesel at vwfans.com>
Sent: Saturday, November 29, 2008 7:36 AM
Subject: Re: [Vwdiesel] Diesel prices


> Then how does that explain the record profits this quarter with a
> supposed reduction in consumption ? Or fuel prices jumping like they
> did BEFORE the price of a barrel jumped accordingly. Much of the price
> of fuel can be explained away in any number of ways here in the U.S.
> The fact remains it jumped higher and faster than it should have. As a
> course of fact, it should then drop as fast as it rose considering what
> the price of oil is currently, fuel HERE should be sub $1.50
> On Nov 29, 2008, at 5:41 AM, Kurt Nolte wrote:
>
>> Terry Briggs wrote:
>>> I wouldn't gripe about the price of fuel so much if the oil companies
>>> weren't posting record profits every quarter. They do need to make a
>>> profit, that's just biz, but gouging the public does nothing but
>>> create
>>> hate and discontent.
>>
>> The oil company record profits were all reported in the same quarters
>> that they reported record sales volumes. There is no "gouging" taking
>> place, there is no conspiracy, except the conspiracy of idleness and
>> apathy and resistance to personal sacrifice that keeps so many people
>> in
>> houses and vehicles they cannot and even /could not originally/ afford.
>> The Conspiracy of "keeping up with the neighbors" and living visibly
>> large, of appearing prosperous through the car you drive, the clothes
>> you wear and the house you bleed yourself dry every month to pay for.
>> The conspiracy of vanity, to be brief.
>>
>> -Kurt
>>
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>>
> M.I. 6
> Custom Design and Fabrication
> 2576 King Circle
> Corning, New York 14830
> Vbriggs at stny.rr.com
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