Monday, June 12, 2006

Price gouging?? Not the oil companies

Cough cough...gasp...wheeze.

The Department of Energy has reports available on their website...from 2003.

Hmmm...last I knew, it was 2006.

I know, I know...this is an old subject. However - our gas in Dayton, Ohio was $2.58/gallon for regular - this morning - June 12, 2006. Tonight? $2.95. Our prices go up and down from day to day here.

I went to Michigan this past weekend to see my son. He had told me that prices were a little higher there than here. Actually there was just a few cents difference in price. He has also told me that the prices there do not fluctuate like they do here. They just go up and stay there.

And, our Department of Energy is already warning that prices will continue to go up...it's hurricane season after all.

Give me a freaking break...

Conoco says they only make about 10 cents per gallon profit (coughcough)...The Washington Post in September 2005 stated the refineries were making 99 cents per gallon in profit! And, according to USA Today, Exxon Mobile grossed $21 BILLION in 2003, $25.3 BILLION in 2004 and a whopping $36.1 BILLION in 2005.

Price gouging? Oh no, couldn't be.

Could it?

2 comments:

Dave Knechel said...

Every time I go by a station, I try to pass the gas.

Anonymous said...

If things were as the oil companies say (price of gas up only because price of oil up) than their profits would be flat. Instead they are through the roof.

Price gouging is the only thing I can think of for this madness.

More than likely that company that claimed in made 10 cents on the dollar was talking about the station owners who sell their gas. I find it much more likely they make 90 cents.