<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by PARAGON:
First it doesn't address the price at the pump at all and secondly, I think you must be above your pay grade here. "wins the argument." Is that what you are trying to do?

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What are you trying to say with this "wins the argument" stuff? You are presenting a point of view that doesn't comport with fact or reality. There's no argument here -- I'm simply trying to help you see a different point of view. Or is that your way of simply trying to silence people with whom you disagree? Rather than do that, why don't you pay attention and learn something.
And when you say that everything previously written doesn't address the price at the pump, you are not making any sense. Do you know what goes into the price at the pump? Everything involved in recovering, refining and distributing gasoline down to and including the salaries of those work at the gas station. And I'm not sure if it was you or someone else who mentioned it, but gas stations do indeed have to price gas based on the next tanker load, not the one just delivered. If a tanker load costs $10K and is priced at the pump so that all overhead is paid with $10K left over to buy the next load and it costs $11K, the station owner is going to be in the hole.
The price here in New Hampshire is down to around $2.30 per gallon from over $3.00. . .and that's roughly where it was before the storm disrupted everything. That proves that market pricing works. And the oil companies will undoubtedly try to use the profit to increase supply. But it doesn't happen in one calendar quarter. And it doesn't happen when government regulations and leaf-licker lawsuits prevent oil companies from drilling new wells, building new refineries, and improving the distribution process.