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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Kayaker who wrote (163787)	2/13/2012 12:51:30 AM
From: t4texas	Read Replies (1) of 206338

the companies that have the straight nuts on gasoline usage in realtime are visa and mastercard. i was watching either the v or ma ceo on tv some quarters or a year ago talking about credit card swipes and dollar volumes at the gasoline pumps. he said they could determine very quickly how the economy was doing by watching this each 24 hour period and trending that information. i certainly believe that, because it is just commonsense. the data is visa's and mastercard's, and they don't publish that or make it known. however i could imagine ben bernanke could get it daily if he wanted it, and he might get it. as i speculated in my prior reply to you, the refiners are closing down permanently in several areas of the country, and the big drop in refinery gallon sales could be a result of that. but with a drop so large starting in october and then again in november it would seem gasoline pump prices would have gone up higher and faster than i have noticed so far. HOWEVER i keep hearing these guys on tv talking about $5.00 gasoline this summer, and perhaps they actually have some data like this that is more proprietary and accurate.

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