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Message Subject DOOM- ON!!! DIESEL OFFICIALLY HIT $6.00 in Cali... Watch nation come to screeching halt!
Poster Handle Anonymous Coward
Post Content
why isn't the price of gasoline pegged to the value
of oil at the well-head, and let's let's be done with
all of this periodic and regular price-gouging by the
fuel distributors.
 Quoting: dr.einstein

Because you first pump crude oil then you move it to a refinery then you refine it, then you refine it some more, then you have to have a built and maintained gas station waiting to receive it when the tanker shows up.
The people involved in all parts of the process need to get paid so they have a reason to go to work?
Therefore a profit must be made ?
The price of gasoline is fairly constant, but the "cash" in your pocket is losing value, Dollar,Pound,Euro, Yen or whatever.
Try reading about 'Fiat money' and 'Supply and Demand.'
It might help.
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