"DSK" wrote in message
. ..
... Every single one of those drivers, if asked, would probably complain
heartily about the price of gas... but they're not *doing* anything about
it.



Calif Bill wrote:
So, was not just SUV's speeding.

Gee, talk about missing the point...

talk about missing the point. Or is it only SUV's that are bad while
speeding?


... Oil makes about 16% profit. Citigroup about 34%. You want to make
money, build a refinery and acquire crude and sell it for less money than
the competitors.

Can't do that the enviro-whackoes would shut it down! Or (more
realistically) one of the big oil companies would buy it up & keep it out
of production, they're not fools.

The funny thing is that refining has been the least profitable sector of
the industry for 18 out of the last 20 years. A sudden shift in the
economics of the oil bid'ness and bingo! ...you hear all the nuts popping
out of the woodwork.


... But to get the crude, you have to rent a deep water drilling rig for
$400k a day. Big bets, should get a good profit on wins.

??? You can buy it on the open market and have it delivered to your
terminal.


And how much a barrel will you be paying?

DSK