Alternative Power sources - Re: Gasoline price gouging

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Re: Gasoline price gouging

bill

2007-05-23, 1:25 pm

On May 23, 1:15 pm, Anthony Matonak
<anthony...@nothing.like.socal.rr.com> wrote:
> no spam wrote:
>
> ...
>
>
> Perhaps the oil companies don't want more refining capacity.
> Maybe they make more profit by limiting the amount of supply
> than they would by processing more oil. They might even go
> so far as to shut down refineries for "maintenance" or the
> like when they feel they are producing too much.
>
> Anthony

Possible, however, if that were the case, the price of crude
wouldn't be spiking so hard. In addition, on a world market, I think
they'd be a little hesitant to do that.

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