Thursday, June 14, 2007

Latest National Gasoline Demand for the third week drops -what about pump prices?

-- Oil prices edge higher despite crude stockpiles growing a surprising 100,000 barrels. Gasoline supplies unchanged bu the demand is lower due to the consumers rejection of high-priced refined gasoline products. As we do some analysis on different states it is quite disturbing to see what is happening at the pump. We maintain that is has nothing to do with usual media lackeys contention of 'Supply & Demand' but future speculation from presumed problem areas of the world that this country does not import from. Amazing how people fall for this...

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