TexasCHLforum.com

Carry-a-Kimber wrote:Here is a LINK with the breakdown of the cost of a gallon of gasoline. Take out the refiner's cost and profit and distributor's cost and profit and you save a whole 49 cents a gallon. The bulk of the cost of gasoline is the cost of crude, which is determined on the open market.

Who sells the crude to the refiners?

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.

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?

C-dub wrote:

old farmer wrote:
The wife returned from Saudi arabia about two days age. She reported about .50 to .60 /gal us dollar for fuel.
http://www.mytravelcost.com/Saudi-Arabia/gas-prices/" onclick="window.open(this.href);return false;
Oil is power.

Ahh, I remember when it was .50 cents here.

I remember when you could get a gallon of gasoline and a pack of Luckies for 50¢.

If nothing else, this thread has brought out the holders of oil related stocks. I wish I'd had some of that instead of Lehman Bros. Holding, Inc. paper. {*sigh*}

What is that burning sensation?

sumyungai wrote:It's a global marketplace.

The decision of where to sell the fuels is made by whom and for what rea$on$? Oh, pass the kool-aid, please.

puma guy wrote:
...There are myriad reasons prices are high and it's very complicated especially since US demand is down and supply is up.

So, it's not about supply and demand afterall....? Is it about the exported fuels?

Well, the moguls on the boards of the major oil companies, using Iran as an excuse, have pushed the price of regular to $3.60 and diesel to $4/gallon here in the Pineys.

As much as I distrust and dislike the current POTUS and FLOTUS, this ain't of their doing. This is opportunistic American capitalism at its finest. Anyone need any lube?