09-12-2008, 09:50 AM
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#10
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Scoring Winger
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Quote:
Originally Posted by fotze
I think because the hurricane can affect the refining capacity which is directly down the chain from the pumps, whereas the oil prie is for oil contracts a month into the future. So oil price fluctuations can take a month or more to affect the gas price, whereas the hurricane can instantaneously affect the gasoline supply/price.
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They wouldn't want to shock us with 10.00 or 11.00 saved overnight... that'd be crule....
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