damejune2
(Storm Tracker)
Wed Aug 31 2005 10:47 PM
Re: Katrina Domino Effect

I wonder....with the gas prices going up, the price per barrel of oil going up...who stands to gain from that? Obviously we as the consumer don't, but what about shareholders/stockholders of companies (exxon,mobile,amoco, etc...) don't they get a big chunk of change in their pocket? I am novice when it comes to gas and stocks, etc...so i am just wondering.....maybe some of you know. Like for example - who is in charge of raising the price per barrel? Why are they allowed to go so high as to make us have to pay over 3.00 a gallon?? Any ideas?? Hell, when they reported it on some of the news channels, they talked with a smirk...know what i mean? They seemed to have restrained jubilation about oil being over 70.00 a barrel and a gallon of gas maybe costing 3.00 or more. What in the hell??


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