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bluesbassman Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-07-11 07:00 PM
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$189,000,000 per day.
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Edited on Sat May-07-11 07:01 PM by bluesbassman
That's how much the expected $.50 drop in gas price by June will save the American motorist. Good news for sure.

But if gas prices have gone up $.91 since January, some quick estimating puts the gouging profit over that period at somewhere between one and two billion dollars, and not one penny of that was because it cost more to pull oil out of the ground. I don't know about you, but that really makes me mad. Honestly I may have grumbled a bit if the government had raised taxes on gas by that much, but at least that money would be going toward some good use. Instead, the bulk of that money went straight into the pockets of gamblers and thieves.

Free market my ass.

edit to add the related news article:
http://news.yahoo.com/s/ap/20110507/ap_on_bi_ge/us_gas_prices
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