[brewer12345]

Quote:

Originally Posted by Razor Actually refineries are operating at 85% capacity right now, demand is dropping and prices are still rising. Speculators in the oil commodities are driving the prices up, not shortages or increased demand. But it is alot like the housing bubble. Eventually it will all fall apart. Anyone see any gas stations running out of gas out there yet?

There is a big difference between oil and refined products. Go look at the stock price of any big refiner (such as VLO). They have gotten the crap kicked out of them in the last few months even as gasoline prices have soared. Why? Hint: the price of refined products has not gone up as much as oil.

But I can see you have an in-depth knowledge of the petroleum industry, so why don't you call up the White House and explain how they can get the price of gas and diesel down real quick. I'm sure they'd love to hear it.