On 24/04/2011 9:49 AM, Harryk wrote:
Wayne B wrote:
On Sun, 24 Apr 2011 08:36:48 -0400, Gene
wrote:

uh no. it's speculators. they caused a similar run up under the white
guy who preceded the guy you hate because he's black
Damn speculators.

Why aren't more people doing it? Let's go halves on a tanker load and
resell it on EBAY. Anybody else want in on the deal? We're going to
need a dock, tank farm, distribution network, trucks, pipelines and a
whole sh*t load of permits. With some help from Wall Street we can
probably get 90 day financing.
Sorry, you are too late..... the guys that already had all of that are
reaping all the profits...... re-read that thing about frugality....
proactiveness is number one.....

Holding a big inventory of oil in your tank farm is not without risk
and it takes massive investments in time and money to build the
infrastructure. Not surprisingly, the people who make those
investments expect to earn a profit once in a while.



I haven't seen anyone suggesting earning a profit is illegal or immoral.
Questions arise when those profits become synonymous with rip-off, and
that's what the petrol industry is doing, ripping us off.

How so? When US OilCo goes out and buys oil to make fuels...they need
to buy it at what producers will sell it for.

If you slugs will not pay for it, consumption is reduced and the price
will stabilize.

So pay, produce your own oil or walk. I might suggest walking, get the
fat off the brain.

--
I can assure you that the road to prosperity is not paved with
fleabagger debt.