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Author Topic: Doomstead Diner  (Read 40876 times)

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AGelbert

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This entire incident is a manipulated effort for ...
« Reply #300 on: September 18, 2019, 02:33:29 pm »
Wed, 09/18/2019 - 12:25

Quote
Lie_Detector
These people are WAY behind. They put up gas prices in our area about 40 cents per gallon DAYS ago!

GREED! Reach into the pocket and steal just because they CAN.

Usually this time of the year gas prices start falling.

Crude oil is about $1.35 per gallon so they are OVER doubling the price.

The price at the pump in MI includes

$0.18.4 per gallon federal tax, $0.19 MI tax. PLUS sales tax (6%) on the total gasoline sale (except the 19 MI excise tax).

They charge sales tax on the FEDERAL tax.

After you remove taxes the profit is almost $1.00 per gallon (minus shipping, storage and refining).

Crude oil prices make up 71 percent of the price of gasoline. The rest of what you pay at the pump depends on refinery and distribution costs, corporate profits, and federal taxes. These costs remain stable, so that the daily change in the price of gasoline accurately reflects oil price fluctuations. High oil prices are what make gas prices so high.

It takes about six weeks for oil price changes to work their way through the distribution system to the gas pump.

OpTwoMistic
Thieves !  Banksters are behind this. They are dying from fracking loans. I do not understand how a bank can lose money but they manage to do it.  I put banksters and lawyers in the same pile.

Totally_Disillusioned
This entire incident is a manipulated effort for
(1) KSA to halt production and reset prices
(2) opportunity for Deep State/CIA to ignite a war between Iran and US/Israel/KSA
(3) price gouging at the pumps

All gasoline delivered and stored at gas stations that sees an increase in price per gallon BEFORE new delivery is price gouging.  And US is now largest petroleum exporter giving us independence on manipulated shortages such as this not to mention POTUS releasing Fed Petroleum Reserves is necessary.

So If you bought gas two days ago and repurchase some today, you can expect the same price.  If the gas station where you trade has increased prices - find a new station.  A month ago it was tariffs that gave retailers license to steal by raising prices and now we find out China admits to absorbing all tariffs.  Aren't you tired of all the manipulations to increase prices?

woody188
It's how Junior Bush kept the economy going. Remember damn near $5/gal gas back then and EVERY business saying they have to raise prices to keep up with fuel demands? How many businesses lowered their prices after that? NONE, they all banked record profits for the years to follow after the price cratered back to near normal. That kicked off the stock buy backs that were later buoyed by the Fed's free cash window. Both resulted in this hyper-inflated asset bubble we all find ourselves in today.

And that my friends is the rest of the story.

Light is sown for the righteous, and gladness for the upright in heart. Ps. 97:11

 

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