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katy
 
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Default Gas Price.....Too High?

OzOne wrote:
On 4 May 2006 09:41:02 -0500, Dave scribbled
thusly:

On Thu, 04 May 2006 04:43:09 GMT, "Maxprop" said:

If we all didn't require gasoline as an intrinsic part of our lives, we'd
quit buying it and prices would fall as demand would be outstripped by
supply. But we don't have a choice. We must have fuels. And when the
producers of fuels are earning profits far beyond the normal percentage of
their gross receipts, the process is flawed.

Such appalling economic ignorance!!


So please explain the process of supply and demand driving up prices.

Does it actually two or three times more to produce a gallon of petrol
when there is a high demand?

We have bananas at $11.00/kg here because a cyclone wiped out a huge
portion of our growing area.
Can you explain why it cost more to grow a banana in the unaffected
areas now?


Oz1...of the 3 twins.

I welcome you to crackerbox palace,We've been expecting you.


Gee...we could export some to you. I paid 49 cents a pound earlier
this week at the grocer's.
 
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