22-05-2008, 08:14 AM
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#13 (permalink)
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| Wii60 Mod
Join Date: Sep 2005
Posts: 1,098 | Quote:
Originally Posted by shane32Eire Your all wrong, blame the stock and shareholders and seculaters who raise the price of oil by investing in high prices and speculating they will get higher | Shane's got it partially right. Supply and demand drive the future's markets and bid the price up. Growing economies in China and India have put a strain on the oil market which is why the US needs to drill for their own. The environmentalist hippies have other ideas. They are the only ones enjoying the high gas prices. Here's a breakdown of money distribution for a gallon of gas in California: Estimated Gasoline Price Breakdown & Margins Details
Out of the $4/gal we pay, the oil companies get a whopping 6 cents. I'm sick of this baseless argument that the oil companies are screwing everyone over when the government rakes in more in taxes on a gallon than the people producing it do.
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