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Thursday, October 05, 2006

 

Commentary: Gas Prices - The Unsolved Mystery


[See Below for Updated Information]

Yesterday I filled up my gas tank. $2.69 for a gallon of regular unleaded, 87-octane. But just now, as I was driving into The View-Point headquarters, a mere 15-minutes ago, I passed a gas station, where, to my mixed reaction, regular unleaded is now $2.59 a gallon. Why the mixed reaction? Yes, I am happy that prices are still on the decline, but I am also more than a little ticked that I missed the price change by 12 hours. This incident has spawned the following reflection:

If my memory serves me correctly (and it always does), it was just a few weeks ago that we were told by the schmucks in the ex-mainstream media that $4/gallon gas was on the way as a result of the Alaskan oil pipeline (supplying 1/8 of the US crude oil supply) being taken offline by BP for corrosion problems. But since that story was originally reported, I have seen nothing but a steady decline in gas prices at the pump, as evidenced this very day by the aforementioned anecdote. So what exactly is going on here?

QUESTION: Exactly what factors actually do contribute to gas price fluctuations?

I think this is a rather pertinent and meaningful question to ask, but I have not seen any substantive treatment of or reporting on this question done by the putzes in the ex-mainstream. Instead we are constantly assaulted with a stream of garbage information about Tom Cruise's new baby and Paris Hilton's brassiere color.

[RANT] I don't care what color panties some media slut wears! Do some useful reporting you degenerate, materialistic scum! I demand useful reporting on meaningful subjects that have a substantial effect on our lives! Do something useful to redeem yourselves, you ex-mainstream pukes! [/RANT]


PRICE TRACKER:
10/5/2006 = $2.19/gallon


QUESTION
: Exactly what factors actually do contribute to gas price fluctuations?

ANSWERS:


(Originally Posted: 9/9/2006 @ 1:25PM)

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