View Poll Results: Question? Will Gas Prices (Drop-Dramatically) Or (Not)

YES

7.14%

92.86%

Voters: 14. You may not vote on this poll

After Record Earnings Posted: Is Gas Going To Drop In Price ?

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10-28-2005, 05:36 PM

tigerhonaker

G.H. Contributor

Thread Starter

Join Date: Apr 2005

Location: The Music City, Tennessee

Posts: 1,396

After Record Earnings Posted: Is Gas Going To Drop In Price ?

After every newspaper and news article, not to mention every T/V Station News at 6:00PM talking about the (Billions Of Dollars Made This Quarter).
The Highest Earnings of any Corporation in History for a Quarter.

Will the Gas Companies be "Shamed" into (Dropping-The-Prices) on Gas in a very quick time frame to a record
Low or Not?

What is your opinion ?

Cannot help but wonder:

Terry

Last edited by tigerhonaker; 10-28-2005 at 05:45 PM. Reason: Could not make change I wanted to:

10-28-2005, 05:49 PM

phoebeisis

MPG FANATIC WITH GUZZLERS

Join Date: Sep 2005

Location: New Orleans

Posts: 521

No,why should they;president and congress in pocket

No.They have the president and congress in their pocket.The price will slowly drop to maybe $2.20,but nothing dramatic.Charlie

10-28-2005, 06:18 PM

AZCivic

Conservative Socialist

Join Date: Feb 2005

Location: Phoenix, AZ

Posts: 878

Re: No,why should they;president and congress in pocket

Quote:

Originally Posted by phoebeisis

No.They have the president and congress in their pocket.The price will slowly drop to maybe $2.20,but nothing dramatic.Charlie

Ahhh, excellent! I can tell you are a fellow socialist like me! Don't worry, our time will come. We'll make private corporations illegal soon enough and once the government runs all businesses we'll finally see our Age of Peace.

10-28-2005, 06:46 PM

helterskelter683

Pretty Darn Active Enthusiast

Join Date: Apr 2005

Location: Jacksonville, FL

Posts: 335

Re: No,why should they;president and congress in pocket

Quote:

Originally Posted by phoebeisis

No.They have the president and congress in their pocket.The price will slowly drop to maybe $2.20,but nothing dramatic.Charlie

Ditto.

10-28-2005, 07:16 PM

sivart

Hybrid Wanna-be

Join Date: Sep 2005

Posts: 115

Re: No,why should they;president and congress in pocket

Quote:

Originally Posted by AZCivic

I hope that is sarcasim? If not, just head north and keep going, you will find your socialist haven that you seek. (Or better yet, cross the big pond)

I for one, believe in capitalism, but on the other hand, government should keep their noses out of capitalism (I.e. not letting us build new refineries)

10-28-2005, 09:54 PM

phoebeisis

MPG FANATIC WITH GUZZLERS

Join Date: Sep 2005

Location: New Orleans

Posts: 521

Why would they want to build new refineries?

Why would the oil companies want to build new refineries here(USA)?The "it is just too difficult to build a new refinery because of all the gov red tape" is just BS.It is extremely expensive to build a refinery,but it isn't because of the red tape.
What would their motivation be to build a new refinery?They are minting money with the situation as it is!!They have ZERO motivation.If they increase capacity(gasoline) to increase supply then that would drop the price!Why would they do that??NFW!
I'm in favor of "Free market" for most things,but petro production isn't a free market.OPEC price fixes and the oil companies benefit from that price fixing(it is legal of course for OPEC to price fix).The oil companies -refineries-price fix here in the USA,but they do it with a wink and a nod.Why would they compete,if they did they would make less money??They act as a monopoly-controlling petro from the ground to your tank.
The oil companies make more money by not competing.Do you really think they want to compete?At best The "free market" ignores national interest,and this situation isn't a "free market." Charlie