Will a toll holiday for gas users this summer allow the grease companies to bump up their prices and net more?
Thereby increasing their profits for the summer so that they can exceed earings expectations? Is this the next step before another stimulus bundle?
Answers: yea
The problem we are having with the price of gas is do the certainty that the oil companies can not produce gas fast ample to keep up with the constraint and the existing refineries are so old that they are inefficient (There hasn't be a refinery built in the last 30 years)
The grease companies make less than $0.50 a gallon, the rest go to the government, marketers, and brokers.
If the price of gas goes superior, the oil companies do not make more money.
If you want to blame someone for the price of gas - look to the senate who has prohibited the oil companies from bringing cheaper grease to market (drilling on US territory) and building new more simplified refineries.
Not that simple. Regardless of what you may have hear PRICES are alway driven by demand. The media and analyst will head you to believe the oil companies are outright gouging us when what's really going on is false emergency and growth in China and India. The federal tax is simply 18.5 cents. People haven't changed their habits with the price going from 2 dollars to almost 4 dollars. Gas stations will charge what race re willing to pay.
Should we hat a person's annual income at 500,000?
Finance grill?
Where Should I Invest $10,000?
Stock open market?
I want to know the best bearing to invest my money?
Can someone please notify me what does the permanent status 'mean annual return ' plan within mutual funds ?
What is the minimum investment surrounded by sharemarket?
Are near any legal online qualification courses for stock souk investment training?
Answers: yea
The problem we are having with the price of gas is do the certainty that the oil companies can not produce gas fast ample to keep up with the constraint and the existing refineries are so old that they are inefficient (There hasn't be a refinery built in the last 30 years)
The grease companies make less than $0.50 a gallon, the rest go to the government, marketers, and brokers.
If the price of gas goes superior, the oil companies do not make more money.
If you want to blame someone for the price of gas - look to the senate who has prohibited the oil companies from bringing cheaper grease to market (drilling on US territory) and building new more simplified refineries.
Not that simple. Regardless of what you may have hear PRICES are alway driven by demand. The media and analyst will head you to believe the oil companies are outright gouging us when what's really going on is false emergency and growth in China and India. The federal tax is simply 18.5 cents. People haven't changed their habits with the price going from 2 dollars to almost 4 dollars. Gas stations will charge what race re willing to pay.