And the profits grow

[Jester]

Dont be so sure.

Reports show that when gas hit 3.50 a gallon last year, it had virtually no effect on the consumer, so prices kept going up. But once it hit over 4.00/gallon, people began taking a stand. In the last month or so, gas prices have come down at least .50 cents a gallon, cause less people are buying it do to finding other means of transportation (car pooling, walking, bus, etc).

The whole thing is one big scheme to rip us off and anyone who says otherwise is blind to the facts. You'd raise prices even more then they are now if you were an oil company? No you wouldnt, cause then no one would buy your sh!t. Speaking for myself and others I know, people will drive ON FUMES that extra mile to go to the cheapest gas station. I bet the prices drop even more once the Repubs are out of office.

I'm very confused by this post. Who is organizing this "rip off"? How is it being done? Why will it drop once the Republicans are out of office?

I think Pete has it more or less correct. Demand is up worldwide, and supply can't grow like it used to. Price goes up, every economist in the world would tell you this is a no-brainer.

-Jester