Comments on: CFTC investigating Big Oil for false oil inventory reports http://www.thegasgame.com/2008/09/04/cftc-investiating-big-oil-for-false-oil-inventory-reports/ Keep track of gasoline prices, oil prices, future gasoline prices, future oil prices, see predictions, get price prediction, find gasoline prices, see if you're getting gouged, find news about diesel prices, ethanol prices, and refinery maintenance and refinery shutdowns. Tue, 07 Feb 2012 16:59:14 +0000 hourly 1 http://wordpress.org/?v=3.3 By: heywood Jablome http://www.thegasgame.com/2008/09/04/cftc-investiating-big-oil-for-false-oil-inventory-reports/comment-page-1/#comment-1664 heywood Jablome Fri, 05 Sep 2008 15:14:28 +0000 http://www.thegasgame.com/2008/09/04/cftc-investiating-big-oil-for-false-oil-inventory-reports/#comment-1664 Given that all our politicians regardless of party are in bed with the oil companies the result of this money wasting investigation will be "no evidence of price fixing". If you think these prices are bad wait to see what happens if Barrack "Osama" Obama gets in the white house. Look for a huge gas tax increase under him. Given that all our politicians regardless of party are in bed with the oil companies the result of this money wasting investigation will be “no evidence of price fixing”. If you think these prices are bad wait to see what happens if Barrack “Osama” Obama gets in the white house. Look for a huge gas tax increase under him.

]]> By: Retailer http://www.thegasgame.com/2008/09/04/cftc-investiating-big-oil-for-false-oil-inventory-reports/comment-page-1/#comment-1661 Retailer Thu, 04 Sep 2008 21:13:45 +0000 http://www.thegasgame.com/2008/09/04/cftc-investiating-big-oil-for-false-oil-inventory-reports/#comment-1661 I would bet that they will spend months gathering and studying information only to announce that they were unable to determine if anyone did anything wrong. It's almost impossible to prove if a company did something like that intentionally. Rack prices dropped less than a penny, so $3.759 is about a 10 cent markup, which isn't enough. It's hard to say if Speedway will go up to to $3.859 on Friday, or wait out the weekend to see what happens. There could be a large swing in prices either way next week depending out which way Hurricane Ike turns. I would bet that they will spend months gathering and studying information only to announce that they were unable to determine if anyone did anything wrong. It’s almost impossible to prove if a company did something like that intentionally.

Rack prices dropped less than a penny, so $3.759 is about a 10 cent markup, which isn’t enough. It’s hard to say if Speedway will go up to to $3.859 on Friday, or wait out the weekend to see what happens.

There could be a large swing in prices either way next week depending out which way Hurricane Ike turns.

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