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And the beat goes on...

By: oldCADuser in FFFT | Recommend this post (0)
Wed, 22 Feb 12 9:07 AM | 30 view(s)
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Msg. 39056 of 65535
(This msg. is a reply to 38992 by oldCADuser)

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The station near my house that was selling regular on Sunday for $4.159, well this morning when I passed it on the way to work, the price was still at $4.159, however tonight it was up a full dime to $4.259. There are some stations in L.A., according to the news last night, where the price is already at $4.939.




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The above is a reply to the following message:
Re: High Gas Prices Coming from Over-Speculation, Says Analyst
By: oldCADuser
in FFFT
Mon, 20 Feb 12 1:29 AM
Msg. 38992 of 65535

The stations where the gas was $4.079 Thursday evening, well on Friday morning it was $4.099 for regular, and this morning on my way to church I pass the same station and the price was now up to $4.119. But 90 minutes later, on my way home from Mass, as I passed the station there was a guy updating their sign to read $4.159. So since Thursday morning, the price for regular has gone up 12 cents a gallon. That's an average of 4 cents a day. Perhaps there is something behind that story that there's conspiracy to artificially force the price of gas up to the point where it becomes a political issue which can be leveraged by the GOP in November elections (look at what Santorum said over the weekend, that Obama is responsible for the high price of gasoline and then Newt promises to lower the price to $2.50 if he's elected).


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