For what it's worth, a news segment on tv reported that right now the oil speculators are making $10.00 per barrel profit. A barrel of oil is 42 gallon.
Rusty is right. The prices are for the most part driven by the speculators and not supply and demand. The news report also reported that alot of the tank farms are filled to capacity with gas owned by speculators.
I wish I could remember the news agency that did the story.
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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