coincidence?

Thread view:

Enable EMail Alerts

Start New Thread

Thread rating:

jim beam - 20 Jan 2007 05:00 GMT

by extraordinary coincidence, this story:

http://news.yahoo.com/s/ap/20070120/ap_on_bi_ge/gasoline_prices

happens to be this story:

http://amatechtel.com/news/wed/ca/Agasoline-prices.R-4c_HJJ.asp

which comes from the stable of a certain west texas "communications"
company:

http://amatechtel.com/contact/about.asp

now, what industry is it again that is heavily represented in that
state? and which industry has an interest in trying to convince us that
it's ok for gas prices to climb instantly when oil goes up, but take
ages to drop again, if at all, when oil prices drop? help me - i'm
having some trouble connecting the dots here...

Reply to this Message

Joe LaVigne - 20 Jan 2007 07:27 GMT

> by extraordinary coincidence, this story:
>
[quoted text clipped - 14 lines]
> ages to drop again, if at all, when oil prices drop? help me - i'm
> having some trouble connecting the dots here...

Both copies of the article are from the same place. The AP (Associated
Press). The article was written by a staff writer for one of the world's
largest wire services. If you look hard, you'll probably find it in about
15 other places.

the content of the article is certainly entertaining, though. When crude
prices spike, the corner gas station spikes the price of gas as well.
When the price is rising, he couldn't care less about how much he paid for
the gas in the ground. It's all about futures, and seeing how much profit
he can make (which is fine... Capitalism, American Way, all that happy
horse sh.t), but when prices plummet, he is worried about taking a loss...
It's almost comical...

Reply to this Message