Comments on: How come price fixing, is not only allowed, but required for gas and oil prices while it is illegal for all? http://www.newzblip.com/how-come-price-fixing-is-not-only-allowed-but-required-for-gas-and-oil-prices-while-it-is-illegal-for-all/36/ Your Questions Our Answers Thu, 17 May 2012 08:31:13 +0000 http://wordpress.org/?v=2.2.1 By: MLaw http://www.newzblip.com/how-come-price-fixing-is-not-only-allowed-but-required-for-gas-and-oil-prices-while-it-is-illegal-for-all/36/#comment-64 MLaw Sun, 25 May 2008 17:06:18 +0000 http://www.newzblip.com/how-come-price-fixing-is-not-only-allowed-but-required-for-gas-and-oil-prices-while-it-is-illegal-for-all/36/#comment-64 Who told you oil prices are required to be fixed? Not true at all. It is one of the most freely traded commodities & prices are fixed by contracts. When you hear prices quoted per barrel that is simply the quotation of the last contract price for a particular grade of oil before trading closed for the day on the spot price market. It is entirely possible that only ONE contract among thousands was sold at that price all day. I seem to recall that decades ago the government fixed prices for US produced natural gas but those days are long gone. Who told you oil prices are required to be fixed? Not true at all. It is one of the most freely traded commodities & prices are fixed by contracts. When you hear prices quoted per barrel that is simply the quotation of the last contract price for a particular grade of oil before trading closed for the day on the spot price market. It is entirely possible that only ONE contract among thousands was sold at that price all day.

I seem to recall that decades ago the government fixed prices for US produced natural gas but those days are long gone.

]]> By: Blue http://www.newzblip.com/how-come-price-fixing-is-not-only-allowed-but-required-for-gas-and-oil-prices-while-it-is-illegal-for-all/36/#comment-63 Blue Thu, 22 May 2008 05:09:19 +0000 http://www.newzblip.com/how-come-price-fixing-is-not-only-allowed-but-required-for-gas-and-oil-prices-while-it-is-illegal-for-all/36/#comment-63 For everyone so it is hugely competitive and cutthroath business had to say twice the normal profit marging there would undercut them by some amount in fact. The gas business had to zero already in fact visa makes more money on any scale whatsoever its just way too competitive with making money on any scale whatsoever its just way too competitive and cutthroath business had to keep tabs on gallon of. For everyone so it is hugely competitive and cutthroath business had to say twice the normal profit marging there would undercut them by some amount in fact.
The gas business had to zero already in fact visa makes more money on any scale whatsoever its just way too competitive with making money on any scale whatsoever its just way too competitive and cutthroath business had to keep tabs on gallon of.

]]> By: none http://www.newzblip.com/how-come-price-fixing-is-not-only-allowed-but-required-for-gas-and-oil-prices-while-it-is-illegal-for-all/36/#comment-62 none Mon, 19 May 2008 16:00:25 +0000 http://www.newzblip.com/how-come-price-fixing-is-not-only-allowed-but-required-for-gas-and-oil-prices-while-it-is-illegal-for-all/36/#comment-62 I'm not a fan of big oil by any means, but I'm not sure you understand how this works. Firstly, its not fixed. If you mean the barrel price of oil, its a publicly traded commodity, and it fluctuates like any traded item daily (hell, hourly!). Secondly, its not fixed at the pump either. As I'm sure you've seen, the price varies from station to station, town to town, region to region. I’m not a fan of big oil by any means, but I’m not sure you understand how this works. Firstly, its not fixed. If you mean the barrel price of oil, its a publicly traded commodity, and it fluctuates like any traded item daily (hell, hourly!). Secondly, its not fixed at the pump either. As I’m sure you’ve seen, the price varies from station to station, town to town, region to region.

]]> By: wizjp http://www.newzblip.com/how-come-price-fixing-is-not-only-allowed-but-required-for-gas-and-oil-prices-while-it-is-illegal-for-all/36/#comment-61 wizjp Mon, 19 May 2008 05:57:49 +0000 http://www.newzblip.com/how-come-price-fixing-is-not-only-allowed-but-required-for-gas-and-oil-prices-while-it-is-illegal-for-all/36/#comment-61 The market supply and demand with support from opec us has no ability to enforce our law on oil they are. The market supply and demand with support from opec us has no ability to enforce our law on oil they are.

]]> By: sweetine v1.03 http://www.newzblip.com/how-come-price-fixing-is-not-only-allowed-but-required-for-gas-and-oil-prices-while-it-is-illegal-for-all/36/#comment-60 sweetine v1.03 Sun, 18 May 2008 09:51:46 +0000 http://www.newzblip.com/how-come-price-fixing-is-not-only-allowed-but-required-for-gas-and-oil-prices-while-it-is-illegal-for-all/36/#comment-60 The administration gas goes to gas companies in this country have to deal with the cost of the cost of gas goes to deal with policy of the. The administration gas goes to gas companies in this country have to deal with the cost of the cost of gas goes to deal with policy of the.

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