Our gas increased another 30 cents this morning.

[Norbert]

Our gas in less than a week has increased around 90 cents.

Thanks dingbat Donnie and whiskey Pete.

[SamuelTheThird]

1. Oil's up +12% just today

So this is just starting

[Attilatheblond]

2. Guy on FB by name of Mr. Global puts out very informative videos on oil/gas and how those companies work

Have learned WAY more than I ever wanted to know about the fossil fuel industries from his short videos.

[Klarkashton]

3. That's just the start. Wait till this shit drags on and tankers

Get blown up.

[Norbert]

5. And all because he has to distract us from his raping kids.

[kysrsoze]

4. This is bullshit too, because the oil that's being bought at $90+ a barrel won't hit the pumps for weeks

We're being scammed yet again, by the oil industry.

[Klarkashton]

6. Price is immediately reflected at the pump since

It's a commodity/ investment. Whatever they have in the storage tank is is whatever the current price is no matter what they paid for it.

[wishstar]

7. But yet gas prices are much slower to go down after global prices fall

Many studies and reports have documented this phenomenon that the industry tries to defend with various explanations that aren't very convincing as to why prices jump up so much faster than they fall back.

[Klarkashton]

8. They hang on to the higher price as long as possible.

The commodity thing only counts on the way up.

[Bengus81]

9. They buy futures. No convince store bought futures (months ago) for Feb or March at what these

prices are now,that will come later. They jack them up immediately for one reason GREED.

[Klarkashton]

10. What they have in storage or on the way is actual

Tangible futures. It's worth what it's worth right now no matter what they paid for it in the past.
It's capitalism. Capitalism = greed.

[Bengus81]

11. Thanks for agreeing with what I said........

[JCMach1]

12. Headed to $5 pretty quick based on today's oil price moves

[Klarkashton]

13. It was inevitable.