Re: $4.29 a gallon for diesel.


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Posted by Vaughn [99.14.93.163] on Saturday, February 25, 2012 at 22:21:21 :

In Reply to: $4.29 a gallon for diesel. posted by junkyardog [72.71.216.82] on Saturday, February 25, 2012 at 18:18:45 :

Ok, the price per barrel of oil is set on the global market. What drives it? Fear, political unrest, mayhem, demand, supply, you name it, it can raise it. Give the oil producing countries any reason to up the price and the price will go up, and just as fast at the pump. No one wants to miss out on any profits. Since it’s on a GLOBAL market, the only ones that can control the price are the countries producing it. Even if we drill, drill, drill and produce more, more, more at home, the price at the pump remains the same – global market driven.



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