U.S. to start summer with gasoline surplus - Mercedes-Benz Forum

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post #1 of 12 (permalink) Old 04-12-2008, 03:13 PM Thread Starter
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U.S. to start summer with gasoline surplus

NEW YORK (Reuters) - U.S. gasoline supplies should start the summer driving season at their highest level since 1999, helping to temper a surge in pump prices linked to the soaring cost of crude oil...

U.S. to start summer with gasoline surplus | Reuters

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post #2 of 12 (permalink) Old 04-12-2008, 04:43 PM
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i see crime on a new rise



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post #3 of 12 (permalink) Old 04-12-2008, 04:49 PM
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Originally Posted by Jayhawk View Post
NEW YORK (Reuters) - U.S. gasoline supplies should start the summer driving season at their highest level since 1999, helping to temper a surge in pump prices linked to the soaring cost of crude oil...

U.S. to start summer with gasoline surplus | Reuters
Were not supposed to know that!
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post #4 of 12 (permalink) Old 04-12-2008, 05:06 PM
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Yeah, like tell that the the gas stations around me selling this stuff for $3.70 a gallon. I will mark this thread so I can plaster it back in your face in July. Hang in there and brace for $4+ mark my word oh and next year it will $5. Anyone one wants to bet against this trend?
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post #5 of 12 (permalink) Old 04-12-2008, 05:08 PM
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Surplus + high crude price = Bigger profit since the price at the pump WILL NOT be based on surplus. This is gouging at its finest using present inventories.
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post #6 of 12 (permalink) Old 04-12-2008, 05:12 PM
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yeah but the oil companys already said they arent backing down . noone willl stop them so they are going to charge what ever they like . even though they are killing the world economy . they just dont care while they keep making billion dollar profits they wont back down .



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post #7 of 12 (permalink) Old 04-12-2008, 05:20 PM
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Quote:
Originally Posted by Jayhawk View Post
NEW YORK (Reuters) - U.S. gasoline supplies should start the summer driving season at their highest level since 1999, helping to temper a surge in pump prices linked to the soaring cost of crude oil...

U.S. to start summer with gasoline surplus | Reuters
Now that you've finally stumbled on to the truth of our supply/demand situation, I wonder if you've changed your stance on the continuing upward trend of gasoline and oil prices???

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post #8 of 12 (permalink) Old 04-12-2008, 05:25 PM
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Catch-22, what are you, the US Govt or the World going to do about it with no other real and viable fuel supply/power source available?
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post #9 of 12 (permalink) Old 04-12-2008, 05:31 PM Thread Starter
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Originally Posted by steve58 View Post
Were not supposed to know that!
Oops...

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post #10 of 12 (permalink) Old 04-12-2008, 05:32 PM Thread Starter
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Yeah, like tell that the the gas stations around me selling this stuff for $3.70 a gallon. I will mark this thread so I can plaster it back in your face in July. Hang in there and brace for $4+ mark my word oh and next year it will $5. Anyone one wants to bet against this trend?
Read and reconsider...

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