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Greedy oil companies trying to squeeze every last cent the can.
Yeah, so greedy they're driving prices down by increasing output. Are you voluntarily continuing to pay the previous higher prices, or are you greedily refusing to pay a cent more than they're asking?
Safeway here gives you 80 cents off regular price per gallon with SW card. Brings it down to $2.60.
But worry not. Entire thing is strictly political. Obama threatened Russia that USA will lower oil prices to drive Russia into submission. That's what's going on right now. Oil sheiks did same. Saudis lowered price per barrell - and did not reduce output accordingly, to keep prices at whatever level.
It's all politics, boys and girls.
Also, tells you how much rigged oil prices really are. Has none to do with costs etc. Strictly politics and big oily mace to punish at will. It'll jump back to 5 as soon as this mess is cleared.
Has anybody checked the National Geographic's cover? Every time they predict the end of cheap oil or that we are about to run out of oil gas prices plunge or they find a massive new oil deposit.
I just paid $3.36 in California at Shell and was very happy, because right up a tiny little bit, the next gas station (Chevron) charges $3.51.
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