Saturday, March 18, 2006
Here Goes Gasoline Again
The "gasoline futures" market has gasoline UP about 50 cents
in the last month....Local "gas station" market has gasoline
UP about 50 cents in the last month......
Everyone is complaining again about the oil companies and
the price of gas.....Why do we not just get some of these "Wall
Street" types to cool down the "futures" market......Why are
guys/gals that make a lot of money "afraid".....
This sudden rise in gasoline prices is due to a refinery problem
in St. Croix.....It seems that they were handling Iran, Nigeria
and Alaska but now they are "spooked" by a St. Croix
refinery of Venezuelan oil.....It seem the refinery problem
may be fixed in two to four weeks.....
Until then, it is "supply and demand".........Pumps
in the last month....Local "gas station" market has gasoline
UP about 50 cents in the last month......
Everyone is complaining again about the oil companies and
the price of gas.....Why do we not just get some of these "Wall
Street" types to cool down the "futures" market......Why are
guys/gals that make a lot of money "afraid".....
This sudden rise in gasoline prices is due to a refinery problem
in St. Croix.....It seems that they were handling Iran, Nigeria
and Alaska but now they are "spooked" by a St. Croix
refinery of Venezuelan oil.....It seem the refinery problem
may be fixed in two to four weeks.....
Until then, it is "supply and demand".........Pumps
# posted by Pumps @ 5:40 PM 
