Anyone who drives a vehicle has not doubt seen an increase in the price of gas yet again. Thing that drives me bananas is the reasons they list for gas prices going up.
Just noticed this article on shaws website about the recent spike in prices.
http://start.shaw.ca/start/enCA/News...c=n050127A.xml
The thing I don't get is how some events can cause prices to climb up. In the article it list various reasons ranging from decreased production to decreased reserves and then they mention the kidnapping of some oild field workers. HTF does a kidnapping drive prices up? Why are the reserves in the states down? Why does a 15k barrel/day decrease force prices up? I realize that less product = higher prices but 15000 barrels?
So they list off the above reasons but don't clarify things like WHY are the reserves down, WHY is production being cut, HOW does a kidnapping affect oil prices?
This kind of thing drives me nuts, some of those reasons just sound like an excuse to jack up prices. It blows me away just how easily gas prices can be pused up, seems like a rumour is all it takes to start raising pump prices.
Drives me crazy.
/rant off