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Politics : Don't Blame Me, I Voted For Kerry

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To: American Spirit who wrote (69633)11/9/2005 12:07:38 PM
From: JakeStrawRead Replies (2) of 81568
 
Hey dipstick, "Big Oil” does not dictate fuel prices. Contracts between oil companies and refineries — and between refineries and retail outlets — typically tie the purchase price to the spot market price in whatever trading exchange is most convenient. Hence, fuel prices are ultimately established by thousands of market makers engaged in spot markets — a group that is almost certainly immune to political jawboning and incapable of fixing prices even if they wished.

You are such a partisan fool...
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