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To: SAJ

I was just being sarcastic, in my extremely understated way, to the original poster :-). I don't believe in boycotts, nor in "price gouging," as I am a follower of Thomas Sowell.

Appreciate your information, though ... much of it is new to me. I studied oil markets in college, back in the mid-80's, but with an emphasis on investment, not on the distribution process.


18 posted on 09/02/2005 7:02:07 PM PDT by Tax-chick (How often lofty talk is used to deny others the same rights one claims for oneself. ~ Sowell)
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To: Tax-chick
The bottom-line point about gasoline in the US is that, as another poster mentioned, it's almost a pure commodity. The 'almost' is present because of boutique fuel requirements in numerous parts of the country.

BUT, for shipping purposes, it's far easier to move around a generic blend, then customise it to local spec at the finishing refinery. Simplifies swaps, too.

19 posted on 09/02/2005 7:58:35 PM PDT by SAJ
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