dicksbro,

Yes indeed it is. The supply is controlled while the demand is not. China’s rapidly growing economy has caused that country to become a major oil consumer. It is now second only to the U.S. as an oil importer. Contention for Middle East oil between the U.S. and China is already a security issue.


Aye, there's the rub. That will be very difficult to do, and the longer we wait before we begin to try (really try, not just talking about it) the more unpleasant the process will be.



Low around here is $2.15 this week. You don’t need silly conspiracy theories to explain the pump price.

Now that the Thanksgiving holiday is past, did anyone note a sharp increase - say 4¢ or 5¢ a gallon? The price went up here at most 1¢.

Stayed about the same here. Not sure I noticed any change where I gas, although I think one station went up a couple of cents.

It went up almost .10 here. Between the game being in town and Thanksgiving it was a sure bet.

I bought gas for 2.07 in Ga but it's 2.25 here

"Price and demand"

They demand the price of whatever they think is in your pocket.

Yes. The businesses are pretty much obligated to maximize the return on their investments.

Prices stayed relatively stable here. I paid $2.08 on Friday morning in Des Moines and it was $2.11 around Cedar Rapids.

*sheez* I paid $2.29 on Sat. .......um, make that Fri.

$2.09

$2.16 in my neck of the woods this morning.

The price went up here 2¢ to $2.19

Jumped .08 cents yesterday to $2.15

I paid $2.29 a week ago Friday and saw on one sign $2.39 the other day.

I think it was $2.18/gal at Wally World yesterday if you had their shopping card.