Quote:
Originally Posted by Mason44
The last I heard about it was that the oil refineries said they have to switch to summer blend gas which causes the rise of gas prices. Doesnt make sense to me but thats just something I read somewhere. Ill try to find it once I get out of school.
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Semi-true: part of it is a switch over, and part of it is an artificial inflation of gas prices just prior to the summer driving season where driving increases 15+%. Every year in May the gas prices go up.
Quote:
Originally Posted by Brokinarrow
yeah, sounds like a load of  that OPEC uses to get more money, as if they need it  stupid OPEC! |
Oil prices have been pretty steady at under $60. So this isn't OPECs fault at this time, however don't be surprised if they cut production because they were betting on higher oil prices.