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Posted

Meh, the price of oil is rising as the holidays approach.

 

Higher oil prices = higher gas prices = higher profits as more people travel. Come January the prices will drop.

 

Until then ... it's hohoho, price gouging, here we go.

Posted

Meh, the price of oil is rising as the holidays approach.

 

Higher oil prices = higher gas prices = higher profits as more people travel. Come January the prices will drop.

 

Until then ... it's hohoho, price gouging, here we go.

It's not price gouging and it has nothing to do with profits, unless you are talking about from a retail point of sale.

 

It's common knowledge that the 4th quarter of the year is the highest demand quarter for Crude oil, hence the higher prices. Let's not try to create more boogeymen than there already are.

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