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To: American Spirit who wrote (78701)8/1/2006 5:56:59 PM
From: TimFRead Replies (1) | Respond to of 81568
 
Again a change in price of 85% in a cyclical industry with growing demand and limited capacity shows nothing other than the normal operation of supply and demand.

Do a little exercise for yourself. Chart demand for gasoline. Than chart American refinery capacity. Notice the difference in slopes.

They control the entire pipeline from drilling to the gas pump, with or without foreign nation partners.

American oil companies have no control, and little influence over Saudi, Kuwaiti, Mexican, Russian, etc. oil. These companies are not Exxon Mobil's partners. They are partially suppliers and partially competitors.



To: American Spirit who wrote (78701)8/1/2006 6:22:38 PM
From: tontoRespond to of 81568
 
As, clearly you are not a businessman. There has not been an increase in profits by 85%.

You just posted that oil has increased significantly. Your curretn statement has the assumption that costs have not gone up at all.
This is very basic stuff, but gives me a better picture of why your business failed.

Refiners have jacked up prices 85% since 2000. I just posted that article earlier today. 85% more profits,


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