Posted by LAA on January 10, 2009 at 09:24:51 from (212.93.220.66):
In Reply to: Re: O/T Fuel Price question posted by chuck craig in sunny soca on January 09, 2009 at 18:07:42:
Oil companies and other Traders are storing crude on idle super tankers, costs roughly $1.25 per barrel per month, been going on for years when they thought it would pay off, meanwhile there are record stocks of both crude and refined products in the US. If you are a farmer, don't you want to choose when you sell your grain or livestock in order to get the most money for your years production. I don't understand why oil companies are villians for wanting to make the most profit possible.
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