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Poll: What is going to be the average peak price for regular unleaded?
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What is going to be the average peak price for regular unleaded?

 
 
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Old 11-12-2005, 03:49 AM   #13
MEDIK418
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Join Date: Mar 1999
Location: Amarillo, Texas, USA
Posts: 780
Default Re: Fuel Prices

I;d like to add one more point and then I'm through with this.
A case in point to illustrate how the public's perception and the panic buying that follows events in the oil industry.
In February of this year, we blew up a major part of our refinery. End result was we lost production for a little over 100 days. That's 150,000 barrels a day.
The price of gasoline never went up a penny anywhere in the country because of it. Wanna know why?

Nobody heard about it.

Outside of the 20,000 or so residents of this area, the news never got out. The press didn't blow it out of proportion, nobody felt the pinch and more importantly, the company didn't find it a benefit to "gouge" anyone.
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1986 four-eyed LX coupe, 358 Cleveland, Tremec TKO600/centerforce clutch, dish cut Probe forged pistons, comp cams hyd.roller cam, .579/.588@224/230, Edel.performer, 670 holley street avenger, CPR custom built long tubes, ported and polished 4bbl heads, manley valves, beehive springs, MSD peo-billet dist/MSD6AL, fluidamper, 5 lug conv. with 17x8 bullits there's more but it's still not finished yet.
Oh, and the oldest boy is turning his 89 GT into a FFR cobra this next summer.
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