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Originally Posted by pepatrick
Im sorry...its supply and demand at work.
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Bingo. Any business owner that doesn't raise prices when the good or service they produce is consumed faster than they can produce it will not be in business very long. I think it will be interesting to see how HI manages through this with their price caps. If gas can only be sold there for X.XX, and X.XX ++, I would imagine that very little gas will be supplied there.
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Originally Posted by pepatrick
Do I like paying 5 or 6 a gallon...hell no..
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For us, it means keeping our arses on the couch and eating a sandwich and chips (baked of course...trying to shed a few) instead of going out to dinner.
The only other thing to point out is that I don't think we really are having a crude shortage. Our refining capacity is reduced. If all the crude was released from the stockpile, pump prices would likely see little relief until the refineries can come back online.