Thread: Holy Shi*
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Old 09-01-2005, 04:25 PM
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Quote:
Originally Posted by pepatrick
Im sorry...its supply and demand at work.
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.

Quote:
Originally Posted by pepatrick
Do I like paying 5 or 6 a gallon...hell no..
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.
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