Old 05-09-2008 | 02:47 PM
  #91  
ewrbasedpilot
HOSED BY PBS AGAIN
 
Joined: Mar 2005
Posts: 1,713
Likes: 0
Default

I want someone to explain how you go from a nice 10% profit at $60 a bbl last year to only a 10% profit when oil is over $100 a bbl less than a year later? I KNOW the refining costs didn't go up 70% in less than a year. Someone out there is making a LOT OF MONEY.

BTW, Gulf Coast jet fuel closed at $156.93 today (up over $4 a bbl today). I guess China's needs for jet fuel must be going gangbusters. If this continues at this rate, we'll be out of oil by Christmas, possibly Thanksgiving...................

Last edited by ewrbasedpilot; 05-09-2008 at 03:34 PM.