Quote:
Originally Posted by Verio
Gas is up .27 in the last 3 weeks. I guess the Winter Blend is different than the Summer blend of gas? That's what they said on the radio this morn. Then again @ 6:30AM, who knows what I heard??
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During the summer they have to make a gas that has less green house emissions which drives up the cost.
What I've heard and I think is a very valid reason for the gas going up is that the economy is starting to stabilize- or atleast we're not falling "as fast." People are investing in gas right now because as soon as the economy goes up, so too will gas consumption and gas prices. So everyone's buying gas stocks and it's driving the cost up, which in turn is driving up our gas prices even though there is a surplus of crude oil right now. I even heard one news station saying that the oil companies are being forced to lease NEW STORAGE FACILITIES because they're such a surplus... So much for a "supply and demand" market.