>>>I almost coughed up my cereal an hour ago when I read that gas prices went up 6 cents a gallon yesterday, a one day record. It is blamed on turmoil in the Middle East, which of course is at a boil. The explanation did not convince me, though. It said pump prices go up in response to anticipated refinery prices, not current ones. Oh yeah? Do they go down the same way when oil prices are going down?
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>>Standard BS for oil and gas prices.
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>>Jake will come up with excuses for it.
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>Jake is a really smart guy, but his belief in untrammeled free enterprise mystifies me. If we didn't learn our lesson in 2008 I don't know when we ever will.
That enterprise is anything but free. Back in 2008 there were recorded cases when small pumps were blackmailed by distributors to sell at the pumped up (pun intended) prices or be left out from distribution. "Left out" as in "blacklisted" by all wholesale... who aren't in any collusion, of course, it's a free market and everyone fends for themselves. Yeah, right.