08-30-2005, 10:41 PM
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Booger Lama
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Join Date: Sep 2002
Location: Michigan
Posts: 3,552
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Quote:
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Originally Posted by fredchabotnick
That always struck me as a total scam. So if I understand this right, they bought the gas at X price, but since prices are expected to go up, they're selling it at x+y. (why? because they can.) When the next shipment comes in, it'll be the same situation, and since the price hardly ever goes down or at least goes down much slower than it goes up, they are almost always making an increased profit.
I just hate the fact that it's all speculation. Well, that and the fact that the oil companies are making huge profits while the rest of us are getting screwed.
But that's just me.
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not realy a scam if you look at the big picture fredchabotnick. You just have to think of it this way when gas gose up $.30 a gallon for you and you fill up a 10 gallon tank it's $3.00 more. When the same gas gose uo $.30 a gallon they fill up thier 10,000 gallon tank it's $3,000 more they have to pay.
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