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To: Zhang Fei

Very odd indeed.

If gas sales are down 50%, then why are prices at records?


9 posted on 10/06/2012 9:05:21 AM PDT by PGR88
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To: PGR88
If gas sales are down 50%, then why are prices at records?

My guess? Non-US demand for oil is increasing in leaps and bounds. Production isn't increasing by enough to lower prices:


16 posted on 10/06/2012 9:15:03 AM PDT by Zhang Fei (Let us pray that peace be now restored to the world and that God will preserve it always.)
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To: PGR88

ding ding ding


23 posted on 10/06/2012 9:21:46 AM PDT by Sacajaweau (r)
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To: PGR88
If gas sales are down 50%, then why are prices at records?

Good question.

24 posted on 10/06/2012 9:22:01 AM PDT by Uncle Chip
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To: PGR88

debasement of the currency. For those who were educated in govment screwls INFLATION


31 posted on 10/06/2012 9:41:00 AM PDT by Snuph ("give me Liberty...")
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To: PGR88
If gas sales are down 50%, then why are prices at records?

Come on! If you are serious, apply basic economics. When price goes up, demand goes down--not vice versa.

43 posted on 10/06/2012 11:00:06 AM PDT by imardmd1 (An armed society is a polite society -- but dangerous for the fool --)
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