"John H." wrote in message
...
On Wed, 30 May 2007 11:43:26 GMT, "JoeSpareBedroom"
wrote:

"HK" wrote in message
m...
GALLUP NEWS SERVICE

PRINCETON, NJ -- The latest Gallup panel survey finds the public bracing
for continued rising gas prices this summer. A majority of poll
respondents expect gas prices to reach the $4.00 per gallon level in
their
local area this summer, though only a small minority expects it to reach
the $5.00 mark. Roughly two in three Americans say they have already
been
affected financially in some meaningful way by the high gas prices. The
public most often mentions oil company greed as the reason for the high
gas prices, though it also mentions other more practical reasons such as
problems with refineries.


They'll mention whatever the talking heads tell them to mention as
reasons.
Remember "increased demand in China"? That's the reason I heard for the
latest run-up. Same thing last year. But, when the price dropped last
year,
nobody said "decreased demand in China". I don't listen any more. The only
info I'd believe would come from Rex Tillerson, who was being waterboarded
in return for real details about the pricing scheme. All other
explanations
thus far are an insult to our intelligence.


Explanation - long term maximization of profit. Salvation Army does
charity
work.


You go to the supermarket and find that a gallon of milk is suddenly $4.00.
Last week, it was $2.00. You ask for an explanation and are told "It's due
to increased demand at our store across town".

How would you feel about that answer?

On Wed, 30 May 2007 14:05:21 GMT, "JoeSpareBedroom"
wrote:

"John H." wrote in message
.. .
On Wed, 30 May 2007 11:43:26 GMT, "JoeSpareBedroom"
wrote:

"HK" wrote in message
om...
GALLUP NEWS SERVICE

PRINCETON, NJ -- The latest Gallup panel survey finds the public bracing
for continued rising gas prices this summer. A majority of poll
respondents expect gas prices to reach the $4.00 per gallon level in
their
local area this summer, though only a small minority expects it to reach
the $5.00 mark. Roughly two in three Americans say they have already
been
affected financially in some meaningful way by the high gas prices. The
public most often mentions oil company greed as the reason for the high
gas prices, though it also mentions other more practical reasons such as
problems with refineries.


They'll mention whatever the talking heads tell them to mention as
reasons.
Remember "increased demand in China"? That's the reason I heard for the
latest run-up. Same thing last year. But, when the price dropped last
year,
nobody said "decreased demand in China". I don't listen any more. The only
info I'd believe would come from Rex Tillerson, who was being waterboarded
in return for real details about the pricing scheme. All other
explanations
thus far are an insult to our intelligence.


Explanation - long term maximization of profit. Salvation Army does
charity
work.


You go to the supermarket and find that a gallon of milk is suddenly $4.00.
Last week, it was $2.00. You ask for an explanation and are told "It's due
to increased demand at our store across town".

How would you feel about that answer?


I'd feel like we should elect a president who cares about the poor and the
middle class and would do something to hold down milk prices. Maybe he
could raise cows - unionized, of course.

"John H." wrote in message
...
On Wed, 30 May 2007 14:05:21 GMT, "JoeSpareBedroom"
wrote:

"John H." wrote in message
. ..
On Wed, 30 May 2007 11:43:26 GMT, "JoeSpareBedroom"
wrote:

"HK" wrote in message
news:69WdnVrWZpgwzsDbnZ2dnUVZ_vzinZ2d@comcast. com...
GALLUP NEWS SERVICE

PRINCETON, NJ -- The latest Gallup panel survey finds the public
bracing
for continued rising gas prices this summer. A majority of poll
respondents expect gas prices to reach the $4.00 per gallon level in
their
local area this summer, though only a small minority expects it to
reach
the $5.00 mark. Roughly two in three Americans say they have already
been
affected financially in some meaningful way by the high gas prices.
The
public most often mentions oil company greed as the reason for the
high
gas prices, though it also mentions other more practical reasons such
as
problems with refineries.


They'll mention whatever the talking heads tell them to mention as
reasons.
Remember "increased demand in China"? That's the reason I heard for the
latest run-up. Same thing last year. But, when the price dropped last
year,
nobody said "decreased demand in China". I don't listen any more. The
only
info I'd believe would come from Rex Tillerson, who was being
waterboarded
in return for real details about the pricing scheme. All other
explanations
thus far are an insult to our intelligence.


Explanation - long term maximization of profit. Salvation Army does
charity
work.


You go to the supermarket and find that a gallon of milk is suddenly
$4.00.
Last week, it was $2.00. You ask for an explanation and are told "It's due
to increased demand at our store across town".

How would you feel about that answer?


I'd feel like we should elect a president who cares about the poor and the
middle class and would do something to hold down milk prices. Maybe he
could raise cows - unionized, of course.

Bull**** answer, as usual. Sesame Street over yet?

"HK" wrote in message
. ..
GALLUP NEWS SERVICE

PRINCETON, NJ -- The latest Gallup panel survey finds the public bracing
for continued rising gas prices this summer. A majority of poll
respondents expect gas prices to reach the $4.00 per gallon level in their
local area this summer, though only a small minority expects it to reach
the $5.00 mark.


The *opinion* of those poll respondents on future gasoline prices is
absolutely meaningless.

On Wed, 30 May 2007 06:36:30 -0400, HK wrote:

GALLUP NEWS SERVICE

PRINCETON, NJ -- The latest Gallup panel survey finds the public bracing
for continued rising gas prices this summer. A majority of poll
respondents expect gas prices to reach the $4.00 per gallon level in
their local area this summer, though only a small minority expects it to
reach the $5.00 mark. Roughly two in three Americans say they have
already been affected financially in some meaningful way by the high gas
prices. The public most often mentions oil company greed as the reason
for the high gas prices, though it also mentions other more practical
reasons such as problems with refineries.

People may say they are affected financially by the high price of gas
but judging from the traffic around here and the type of cars in that
traffic, they haven't actually started using any less.

How high will gas have to go before people start using less? $5/gal?
$6/gal? Whatever that price is, the law of supply and demand says
that's where it should be. Right now, we're getting a bargain.

Steve