their are many factors you fool
what does (sic) mean?
what does (sic) mean?
Spelling in Context...what does (sic) mean?
Not cut supply, just regulate profit margin. Public utilities did this for many years and did well.because you are stupid, Hillary is not. We'll see I see a lot of jawboning and nothing else. They know cutting supply would create Jimmy Carter lines again
However, they do not have the option to sell it elsewhere.Hmm it did not cut our electric supply, but deregulating for Enron sure did cut the supply. Many public utilities in this country still have to get approval for rate increases. The oil companies are pretty much a utility.
And everyone in the market knows aour utilities are all broke and making no money
you contradict yourself with the last statement.
Oil companies only similarity to utilities is that it's energy.
Much more risk involved in drilling wells, can you say dryhole?
How much natural gas comes from foreign sources? Look it up. It is easier to regulate a product that is so directly linked than it is to regulate a product that they don't have to deliver to the US at all if they don't want to and find that they can get a larger profit elsewhere.And natural gas comes from where spin ?
Come on now I am sure you know the answer.....
Natural gas is a regulated utility in many places.
This is exactly how it is regulated. They can only sell for so much above wholesale cost. However, if it was a transported commodity, if natural gas was constantly traveling overseas to get to your house, those transporting it would first transport their product to where the profit margins were highest, it would simply limit the amount of product we had.Also I don't think the price is so much regulated, they are probably allowed so much extra to pass on after buying gas from the oil companies.
Gas Prices Drop 11 Cents to $3 a Gallon
Sunday June 24, 8:47 pm ET
Nation's Gas Prices Drop 11 Cents to Average of $3 Per Gallon, According to Survey
CAMARILLO, Calif. (AP) -- The average price of gasoline across the country dropped about 11 cents over the last two weeks, according to a national survey released Sunday. Regular gasoline, which peaked at $3.18 in May, dropped to $3 a gallon, oil industry analyst Trilby Lundberg said. Mid-grade averaged $3.11, and premium was $3.22.