What I can't figure out is that as soon as the wind began to blow in the Gulf, gas prices here began to go up, and did so until they got to $3.00. About a $.50 per gal increase within 24 hrs.
Now, the reason for the increase, as I've been told, is due to rigs in the Gulf being shut down due to Katrina.
So, if the prices can go up as fast in such a short period of time, why do they not drop when these rigs go back in operation? I read about a week ago that 30% were back up.
By now, I'd guess that number would be higher but guess what? Gas prices are still the exact same now as they were at the peak.
To me, this is clearly a scam but if someone has a factual rational for this, let me know.
I don't have far to drive so I go through little gas so I've been getting 3 gallons at a time. This helps me feel better b/c I know the gas station looses $.30 per credit card transaction plus about 2%. The less I spend, the worse their profit ratio is. I also avoid exxonmobil.
Now, the reason for the increase, as I've been told, is due to rigs in the Gulf being shut down due to Katrina.
So, if the prices can go up as fast in such a short period of time, why do they not drop when these rigs go back in operation? I read about a week ago that 30% were back up.
By now, I'd guess that number would be higher but guess what? Gas prices are still the exact same now as they were at the peak.
To me, this is clearly a scam but if someone has a factual rational for this, let me know.
I don't have far to drive so I go through little gas so I've been getting 3 gallons at a time. This helps me feel better b/c I know the gas station looses $.30 per credit card transaction plus about 2%. The less I spend, the worse their profit ratio is. I also avoid exxonmobil.