Argument against high gas prices

"Gig 601XL Builder" wrDOTgiaconaATsuddenlink.net wrote in message
...
wrote:

You have an arrogant attitude. I have more in my 401K than you do,
but that's not the point. I have a legitimate right to gripe about
over-inflated gas prices which are clearly a result of poorly managed
supply (not increasing demand). Investing money in the industry which
I don't have at my disposal (and no, 401K funds typically don't allow
you to target one or two stocks) as a way of saying "if you can't beat
them, join them" is BS. Also, trying to insult my education is
juvenile. You are what, 25? 28? You act like 17.

Dean

You seem to be under the misconception that it is the oil company's job to
keep prices as low as posible. This is not the case. It is their job to
keep profits as high as they can.

And why did they hold prices at the $1.50 mark a few years ago instead of
running them to $3.00 a gallon like they are today?


Obviously the market is able to deal with prices at thier current rate
because according to all the reports I've seen holiday driving didn't drop
a bit this past memorial day weekend.

Prices dropped early last winter because they market expected a mild winter.
They rose starting in January when that mild winter didn't materialize,
instead, it was somewhat brutal.