Sep 17, 2012
DozenSpeed, I appreciated you post ~
THIS IS THE NEXT MARKET BUBBLE!!! There was the tech bubble, then the housing bubble, and this is next. IT IS fleecing the 99% yet again with Buffet and Soros making the rules of the game, which of course allows them to win.
My own post a few minutes later sprung from similar sentiment ~
I believe most GasBuddy's are in consensus with the notion that big oil's manipulation of refining is the reason for 95% of the steady or rising cost of consumer gasoline. Discovery, drilling and extracting together add probably just 5% to the inflated cost of producing the raw product. I might add that big oil's manipulative and predatory actions affect all consumers across the globe and not just Americans. Big oil is sitting in the proverbial cat-birds seat and they know it. However, there is one aspect of their business behavior that they have not completely thought through and that is the disaffected consumer sentiment when an alternative competitive product ...