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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: E. Charters who wrote (104303)	1/26/2008 7:05:46 PM
From: Rocket Red	Read Replies (2) \| Respond to of 313020

Diesel is 10 cents a litre higher than gas here now. Diesel was 1.13 at the pumps bulk fuel was around a bulk

To: E. Charters who wrote (104303)	1/27/2008 11:20:00 AM
From: Metacomet	Read Replies (2) \| Respond to of 313020

Not sure if it is as much a disconnect as a revealing of the reality of the true pricing relationship between crude and petroleum. Since the bulk of the fuel consumed in North America is provided by vertically integrated oil producers, the truth of the economic relationship between crude and fuel was probably better indicated by their reported gross profits than their public denials. In this environment their response to limits of pricing elasticity may merely be a nod to the reality of the situation. Bet they still have huge profits come reporting time.