Trickle Down Gas ...

[Moab]

Well after getting all of middle class Americas spare cash in order to pay for the oil spill in the Gulf .. BP and friends have taken ol'Ronald Reagan's advise and is now trickling down gas prices .. Stoping here and there to get a pulse on how stupid Americans are and where they can stop the cash trickle ... My bet is around 3.50 per gallon just about a dollar over gas prices a year ago ...

The foolish sheeple will hale this as a great victory because gas was after all up and over 4 bucks per gallon ... The sheeple will feel great comfort in knowing they beat those dirty bastards.. Hale to the Sheeples leaders in the republican party ...

[curtinsea]

Such a cop out Nikki, you never give up even when you're wrong

[Moab]

Like the ditz from MN ... you open your mouth and nothing comes out ... Please prove how I'm wrong .. Start with BP and their record profits ..

[curtinsea]

Gasoline prices at the pump are not set by the evil men behind big oak desks at the BP corporate HQ's. They are dictated by supply and demand, it's that simple. all the rest is made up, angry-at-someone bullshit.

The Tessoro refinery has an output of about 75,000 barrels per day. Ideally, they want to sell 75,000 bpd. they can't sell more, and they don't want to sell less. So they need to adjust their price so that demand remains equal to output.

[curtinsea]

BP's increased profits are from upstream sources, not downstream sources, ie at the pump

[skyguy2007]

LOL....Nikki knows the price has nothing or little to do with BP, but she's good at stirring things up!

[Moab]

Your explanation is exactly why America from Reagan on is in this mess .. If you two yeahoo really believe Big oil doesn't profit from the price of oil from the source to the pump and the green credits to- boot you two also explain why the middle class is losing economic ground.

ExxonMobile's first quarter profit is up 69 cents on its first quarter earnings of 10.7 billion their chemical devision is up 1.5bn, 267m higher than the first quarter of 2010.

Its liquids production, including crude oil and natural gas liquids, was 2,399 thousands of barrels per day, down substantially from the first quarter of 2010.

So as we see just from Exxon that oil demand is down but prices are manipulated up through their traders ... And just who profits Besides big oil ... the share holder like me who will see 2.07 increase per share .. Good for me bad for you.

It cracks me up how you two defend these crooks.

[Nynus]

Exxon's profit margins are below-average compared with others. Exxon's first-quarter profit margin was 9.4%, meaning it kept 9.4 cents of every $1 in revenue.

Microsoft kept 27.3 cents of every $1 in revenue in its most recent quarter; General Electric, 11.4 cents and McDonald's, 12.3 cents. In fact, Exxon is below the 11-cent average of Standard & Poor's 500 companies.

Imagine that, GE is making more that Exxon. Who would have thought that? Oh yeah, unless you realize that GE is sitting in the White House advising the president.

[Moab]

MC FATTEN CHILDREN and MicroSoft are't oil directly .. Ooh yess I'm sure Old whaz his name has shares like me and Mc Fatten .... well if we squeezed their beef we'd get one brl of fat per 100 burgers ...

When did 9.4% equal 9.4 cents? .... Ooh I see you agree with me they made a record 2.07 dollars per share held over 2010 ... Clever way of doing it ...

[DJQ]

Gasoline prices at the pump are not set by the evil men behind big oak desks at the BP corporate HQ's. They are dictated by supply and demand, it's that simple.

Sorry, but I believe that recent events have proven that gas prices have nothing to do with "supply and demand" and everything to do with Wall St. speculators.