Just heard ...gas will go up

[James 3528]

another 20 cents a gallon due to the Hurricane

[Senior Tech]

What a bunch of bs...Labor day is near so they gotta find something to blame it on...how convenient...a hurricane. I'm sure it'll be $3.00 a gallon.

By the way, just clicked on your red house...very cute.

[caosesvida]

one of the news said this morning it might hit $90 if anything else goes wrong. its at $70 already at 6:45 this morning. look out gas guzzerlers. should be able to get some good deals on suvs though.

[ct2]

Other than Greed by an industry already flooded with profits

how does a hurricane cause the price of oil to rise? They reported on our news that it is due to the lost production from the oil platforms in the gulf. Everyone knew that hurricane was comming and prepaired for it , I cant believe that those oil companies havnt been stockpiling oil supplies to make up for the period they will be down.

and another thing I dont understand is that the hurricane is the reason for the price increase now and they have used that excuse in the past ....what happens after the hurricane has passed , why dont the prices ever go back down.

[ct2]

Ok I justheard this report again and the b#@ch said -----

---The price of oil in europe has topped $70.00 a barrell due to hurricane katrina. she went on to say that all of the oil companies have pulled their people off of the oil platforms in the gulf halting production


Why should the oil comming from the Gulf , affect the price of oil on the eurpoean market, when the oil from the gulf is refined and used here, not europe

[tonys]

I think it's called a global commodity market...but, then again.

[doglips]

Don't you all wish you could jack up HVAC prices like the oil companies See Jim stubbed his toe yesterday and we had to send everyone home, so were going have to add 25% to that install. Of course since its hot there is a surcharge as well.

Oil companies just make up reasons as they go along...but not much you can do....need to drive to work. Cant carry all the tools on bicycle.

[htg guy]

Supposed to go up 20 to 30 cents up here today but hasn't happen yet.

[amickracing]

It's not like they need a constant flow of oil anyway. They have a stockpile of it, much of which was probably bought at $60 a barrel or much cheaper. They'll jack the price up for a while, make some major profits.

Then when they need to start getting more oil piled up they'll some how bid it out, or make the barrel prices drop a bit.

They are almost like an insurance company. No matter what happens they really can't loose money.

[Green Mountain]

This is what causes inflation. You will eventually have to raise your service rate. But we and a lot of other businesses can't flucuate our prices. So we anticatipate our rate. Our cost went up 97 cents. We better raise our hourly rate $2.00 an hour to cover this and what will happen.

Everyone does this and before you know it bread will be 5 bucks a loaf.

[boiler boy]

HAD A SALESMAN IN TODAY HIS BROTHER OWNS A GAS STATION.GAS MAY GO AS HIGH AS 40 CENTS OVERNIGHT.HE HAS TO KEEP WITHIN 6 CENTS OF ALL STATIONS IN PA. OR E**ON WILL PULL HIS ACCOUNT.

[RoBoTeq]

Gas in my neck of the woods has just gone down. Was at $2.61 last week, just saw it for $2.43 at one station. I am not sure how that supply and demand thing works here in Amish country where the locals can switch back to strictly "horse" power on a moments notice.

[tonys]

you don't need to shout...b-boy