Re: It's beginning, sell your V8 now.... - Saab General Bulletin Board - Saabnet.com
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Re: It's beginning, sell your V8 now....
Posted by Spiros Trianta (more from Spiros Trianta) on Tue, 12 Apr 2005 20:52:49
In Reply to: It's beginning, sell your V8 now...., Mike Lynch [Profile/Gallery]
, Mon, 11 Apr 2005 16:35:11
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Supply and demand have little to do with where we are right now. If supply was tight, you'd be seeing lines at the gas stations.
Here's two charts to ponder. Both are for the last 9 months or so. One is national gas prices, the other is crude oil prices. They came from:
http://futures.tradingcharts.com/chart/CO/W
and
http://www.indygasprices.com/retail_price_chart.aspx (select Nat'l Average, 9 months)
Observe that crude did hit $55 or so around October, yet gasoline prices stayed remarkably tame at around $2.03. A few months later (once we had demonstrated our ability to shrug off $2.00 a gallon) crude is back in the mid $50's, only this time gasoline is 20 cents a gallon higher at $2.25 or so...
Explanations are left as an excercise to the reader.
posted by 65.186.202...
Posts in this Thread:
- It's beginning, sell your V8 now...., Mike Lynch , Mon, 11 Apr 2005 16:35:11
- Re: It's beginning, sell your V8 now...., Spiros Trianta, Tue, 12 Apr 2005 20:52:49 <-- Viewing This Message
- Re: It's beginning, sell your V8 now...., Erik W, Tue, 12 Apr 2005 17:57:18
- The most price-sensitive are selling now..., Noel, Tue, 12 Apr 2005 06:01:20
- So if you want to buy a pickup,, Rafe, Tue, 12 Apr 2005 05:51:41
- Sam's Club Gas 0.12 cheaper per gallon locally, matt 94 aero, Mon, 11 Apr 2005 21:02:39
- have a saab and a suburban.., Bryan , Mon, 11 Apr 2005 20:47:24
- Experts: $3 a gallon the "breaking point", Draken, Mon, 11 Apr 2005 20:20:36
- Re: It's beginning, sell your V8 now...., jonathan, Mon, 11 Apr 2005 20:12:07
- a relative just purchased a 03 excursion...., GM, Mon, 11 Apr 2005 18:39:44
- That F150 driver is driving a ton 'o' miles!, miked, Mon, 11 Apr 2005 18:21:41
- Sold it for that very reason 2 years ago..., KB900psi, Mon, 11 Apr 2005 18:18:51
- You know it....., 91Aero.jr, Mon, 11 Apr 2005 17:17:38
- Re: It's beginning, sell your V8 now...., steveC, Mon, 11 Apr 2005 17:15:41
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