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Oldgringo wrote:Blah, blah & blah.

The bottom line, sans the horsefeathers, is that the American consumer is paying more than ever before for auto fuels and heating oils, etc.

Gasoline is up less than ammo in the past 5 years. That's who is really plotting against you. The greedy ammo companies.

Oldgringo wrote:As sumyungai suggests, "...turn down the heat and walk to work or the unemployment office, etc. if the price of fuel is to high...". Now then, if you don't have bills, rent, a job, a family, etc., that's a fair suggestion. It works really well if someone or something else is supporting you, eh?

I have a job and I don't get a government check, which is a lot more than some people can say.

P.S. You can turn up the heat if you're using natural gas because prices are half what they were a few years ago.

Blindref757 wrote:Say what you want, but we (the folks) are getting the shaft. Oil that is pumped out of my back yard on American soil, is being refined and sent to China/India...and I'm paying for it every time I buy gas?

No. They're paying for their gas and you're paying for yours. If you think the price is too high, buy less.

It's a global marketplace.

If petroleum companies were unilaterally deciding the NYMEX prices, I guarantee Henry Hub natural gas futures wouldn't be trading under $3. The answer is supply and demand, including a mild winter and shale gas production.

The price of NYMEX crude and RBOB are also a product of supply and demand. It works for retail too. If you don't want gasoline at that price, then don't buy it. If they can't find a buyer at that price then prices will come down in line with demand, but you should be happy either way because you never have to pay more than it's worth to you. It won't surprise me if pump price gets between $4.50 and $5.00 this summer considering all the trucks and SUVs in urban areas.