a once cent rise in the price of unleaded will result in BILLIONS of added revenue.
Consider the amount of jet fuel and car fuel consumed in a single day of air and road travel in a single 24 hour period in the United States. A two cent? three cent? 90 cent???
The price of crude is what it is. Its run by a cartel that manipulates supply when it can get its act together and they can all be on the same page.
The notion that similar manipulation of supply ends once the crude makes its way to the refineries is laughable. Despite more money being made by the industry than has ever been made not a single new refinery has gone up in a loooong time.
Now our trading partners the Canadians have untapped the 2nd largest reserves of crude (2nd only to the Saudis) and we'll see how things stay status quo. Predicition: Your gas aint getting any cheaper.
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BORN: March 2000 - FINLAND
IMS#1 REPLACED: April 2010 - NEW JERSEY -- LNE DUAL ROW
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