JOXXON

Gas Prices Rise, but the Industry Approaches Growth Stagnation

GREAT ARTICLE, BUT LIVING IN CALIFORNIA, YOUR ARTICLE SEEMS UNREAL. WITH GAS PRICES NEARING $4/GALLON AND THE OIL COMPANIES REPORTING BILLIONS OF DOLLARS IN PROFIT, IT IS HARD TO UNDERSTAND THAT THE COST OF REFINING IS CAUSING THE PRICE OF GAS TO GO UP. WHY DOESN'T THE OIL COMPANIES FORGO THE BILLIONS IN PROFIT AND LOWER THE COST OF SELLING THEIR PRODUCT. YOU MUST REALIZE THAT THE COST OF PRODUCTION OF GASOLINE IN TEXAS DOESN'T GO UP AND DOWN EVERYDAY. THE COST STAYS BASICALLY THE SAME WHILE THE OIL COMPANIES RAISE THE PRICE OF GASOLINE BASED ON THE WORLD MARKET IN ORDER TO PROFIT IN THE MILLIONS.

Gas Prices Rise, but the Industry Approaches Growth Stagnation

GREAT ARTICLE, BUT LIVING IN CALIFORNIA, YOUR PRICE PER GALLON OF GASOLINE IS UNREAL. I WOULD LOVE TO PAY THE NATIONAL AVERAGE AS STATED BY YOU. I AM NOW PAYING $3.63/GALLON AND THAT IS BECAUSE I LOOK AROUND FOR THE CHEAPEST. WHAT I WOULD LIKE TO KNOW IS WHY THE OIL COMPANIES ARE MAKING BILLIONS IN PROFIT IF IN FACT THE REFINERY COST IS SO HIGH? SOMEONE IS DOING SOME CREATIVE ACCOUNTING!!