... 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...

... 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.

DSK