Quote:
Originally Posted by puckluck
So no one questions that gas prices could be fixed? Or how about when it takes hours for the price to jump after oil goes up and weeks for the price to go down when the price of oil goes down?
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Quote:
Originally Posted by Slava
Maybe I'll be the lone voice here, (can't read SebC's chart), but gas prices are really tricky. Its not straight supply/demand as some have suggested. If that were true then we should've seen greatly reduced prices for the past few years. Its obviously not tied to oil either. When oil was at $34/bbl in 2008 the price of gas didn't drop nearly as much.
I don't think its pure price fixing, but I think that there are some questionable elements. The other thing is that Calgary is a much better place to be with gas at a $1/L than it is at $.75/L.
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why do you believe the price of gas must go down proportionally, when the price of oil goes down? I'm pretty sure these companies are in the business of maximizing profits not charitably providing energy at the lowest possible price.