$98 per barrel oil
Newps wrote in
:
Complete and utter hogwash. One merely has to watch the market reports
and every time there is a down trend in demand or an uptick in supply
the price drops. If all our cars suddenly got 10 mpg more the price of
oil and therefore gas would plummet.
But supply is controlled by OPEC, not by free market forces, so your
observations are skewed. OPEC magically cuts supply at Holiday periods to
maximize profit taking. It happens now every holiday like clockwork. Google
"holiday gas price increase" and read articles from NYTimes and Wash Post,
and plenty of other sources that describe this phenomenon going back to 2004,
and that's just when it became so blatant that we figured it out...
If you don't believe me, why don't you own a Prius?
Why waste money on that overpriced roller skate when you can spend less
and get better gas mileage?
Proving my point exactly.
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