Memories of the Future

Ever had a Spam Wafful, debated the red herrings with actual herrings, or written the spoken word in sky writing. If so enter and enjoy

Thursday, April 27, 2006

Oh and one more thing,
What is the Fed doing to help with these costs?
Well Bush recently put forward a motion to lessen environmental regulations for refineries, so they can make gas cheaper.

Now whats interesting here is unlike when bad things hapen there is no immeadite result.
For example: There is a hurricane, lets call it Katerina, which makes a few refineries unusable for a few weeks. When do gas prices change?
When they get a new shippment?
No they change as soon as there is news that there might be trouble with geting gas.
Here is another: Iranian nut bag says he wants to raise the price for a barrel of oil.
Do prices at the pump increase after they have sold all of their gas bought at the old price?
Heck no. Prices go up as soon as an announcment is made.
So when an announcement is made that things are ebing done to alleviate costs do prices instantly drop?
Has anyone see the price of gas drop in the last month?
So big oil wins again.

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