Montana Owners Club - Keystone Montana 5th Wheel Forum - View Single Post

richfaa · 10-31-2007, 03:41 PM

The oil companies know well at what pricing point the consumer cuts back, the demand drops and the price of oil goes down. Note that although the price of oil is near 100.00 a barrel the price of a gallon of fuel has not increased accordingly and the oil companies huge profits are not as huge as they were..they are absorbing the cost to keep fuel prices within the range that the consumer will tolerate. In order for the oil companies to continue to show a huge profit the consumer must continue to buy..The consumer is running out of dollars ..When fueling my bus in the A M at a large gas station, with gas at 299.9 per gallon I see the working class folk putting 3.00 worth of gas in the car.Something has got to give soon and I predict a huge bust. This is so depressing...we need good news..

10-31-2007, 03:41 PM	#54
richfaa Montana Master Join Date: Jan 2005 Location: North Ridgeville Posts: 20,229 M.O.C. #2839	The oil companies know well at what pricing point the consumer cuts back, the demand drops and the price of oil goes down. Note that although the price of oil is near 100.00 a barrel the price of a gallon of fuel has not increased accordingly and the oil companies huge profits are not as huge as they were..they are absorbing the cost to keep fuel prices within the range that the consumer will tolerate. In order for the oil companies to continue to show a huge profit the consumer must continue to buy..The consumer is running out of dollars ..When fueling my bus in the A M at a large gas station, with gas at 299.9 per gallon I see the working class folk putting 3.00 worth of gas in the car.Something has got to give soon and I predict a huge bust. This is so depressing...we need good news..