Now MNS has ALL the reasons gas prices are so high

[liberal N proud]

Yes here is all the BS you can take on high gas prices:

10 things you should know about gas prices

If you believe the experts, the oil companies aren't lying to you; it really is supply and demand. And no, it isn't price gouging by any legal definition; it's just the normal profit taking.

1. Are gas prices truly high, and will they stay that way?

"We would expect prices to be somewhere between $2.50 and $3.25 for the next several months," said Doug MacIntyre, a senior oil market analyst with the EIA. "Right now it's not in our forecast to see a return close to $2 a gallon anytime soon."

2. Is there something consumers can do now to immediately drive prices down?

On this one the experts generally agree: No.

One-day or one-month boycotts don't reduce the overall demand for gas and so don't affect price. (Economist Steven D. Levitt, author of "Freakonomics," called the recurring one-day boycott idea "a new low in economic thinking.")

3. If there's a gas "shortage," why can I buy all I want?
"There's an imbalance, and the imbalance is being taken care of through high prices," said Lou Pugliaresi, president of the Energy Policy Research Foundation, an independent research board funded in part by the oil industry. "The market will equilibrate."

That means poor people cut back and rich people pay more. The upside is that if the market is working properly, high prices should entice operators to boost supplies, causing prices to drop back down.

5. Do oil companies make greater profits during high-priced "shortages"? If so, what would motivate them to satisfy demand?

"Does it translate to profit? At this moment, yes," said Doug Reynolds, associate professor of oil and energy economics at the University of Alaska Fairbanks. "But, as with any company, it never lasts long. It always entices new competitors."

Other headings with more bs:
6. Are oil companies price gouging?
7. Why does gasoline cost more in some areas than in others?
8. Why do gas stations raise their prices when they still have the lower-priced gasoline in their tanks?
9. Gas is $3.50 a gallon in many places. Surely we're cutting back by now.
10. Can the government really do anything about gas prices?

http://articles.moneycentral.msn.com/SavingandDebt/SaveonaCar/10ThingsYouShouldKnowAboutGasPrices.aspx

So the gas prices are going to stay high through the summer, surprise, surprise. We can't do a f$#king thing about it. It's not a shortage, it is an imbalance. Is that another way of calling it a fake shortage?
Oil companies are contemplating building new refineries but the profits from the imbalance are just too sweet. But because it is an imbalance and they haven't built new refineries, their record profits are not considered price gouging.
They blame the taxes as the reason it cost more to buy gas right in your neighborhood when it is a nickle cheaper down the street 3 blocks.
Here is a good one, gas stations make less profit when they raise the price on gas that is already in their tanks.
It's all americans fault because they can't cut back on driving. Finally a little bit of sense.
And the no. 10 reason why gas prices are so high: The government could regulate the industry but "We're not talking about the production of yachts or diamonds" :wtf:

:banghead:

[MadMaddie]

1. I really do think this falls under the umbrella of war profiteering..

Since the invasion occurred these companies have made billions bleeding America dry...

And I have another question....What kind of fat $$$ are they making by supplying fuel for the US military equipment. I am just betting an investigation would find that a huge percentage of their profits have come from 1. No bid contracts 2. Overpriced fuel


Bastards.