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Old 05-16-2007, 03:02 PM   #54
Bingo
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Join Date: Dec 2001
Location: Calgary
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I'm with Cowboy guys ... there are some very logical economic pressures for gasoline prices and collusion has nothing to do with it.

Refinery capacity is the first hit.

Gasoline stocks are the second. I get market reports every week showing the 2007 N.A. gasoline stocks ENTERING driving season very close to where we've EXITED driving season the last three summers. That's trouble.

One could agrue that the boost to prices are pretty marginal given the situation at hand.

but then I come back to this ... I drive a HEMI laded RAM. The boost of 14 cents in the last week will cost me $11 bucks to fill. That just isn't that big of a deal for me.

Every week I need to buy gas. I need to have utilities flowing to my house and buy groceries. They all fluctuate.
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