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NoWorries
Tar Sands
Joined: Jun 05, 2008
Posts: 79
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 Posted: Thu Jun 12, 2008 6:28 am Post subject: Item: Why higher prices are here to stay. |
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http://finance.sympatico.msn.ca/investing/jimjubak/article.aspx?cp-documentid=7976993
"When oil prices start to fall, you can bet that refiners will do everything they can to restore their profit margins. And that's one more reason that gasoline prices aren't likely to go down nearly as fast as oil prices and why the pain at the pump isn't going away anytime soon." |
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joeltrout
Light Sweet Crude
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Joined: Sep 19, 2007
Posts: 1317
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| Posted: Thu Jun 12, 2008 7:54 am Post subject: Re: Item: Why higher prices are here to stay. |
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They have to make some profits and right now they are barely getting by compared to other industries like tech companies.
joeltrout |
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Serial_Worrier
Heavy Crude
Joined: Jun 05, 2008
Posts: 276
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| Posted: Thu Jun 12, 2008 10:16 am Post subject: Re: Item: Why higher prices are here to stay. |
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| *Yawn* let me know when MicroSHAFT starts charging only $90 for an stinking operating system. |
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joelcolorado
Intermediate Crude
Joined: May 25, 2008
Posts: 683
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| Posted: Thu Jun 12, 2008 11:58 am Post subject: Re: Item: Why higher prices are here to stay. |
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| When you sell half the oil at twice the price, you make more money as there is less shipping etc. |
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