Comments on: Rising gas prices fuel e-tailer anxieties

Online retailers are starting to worry about spiking oil prices, which are elevating shipping costs.

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It sucks. I'm not interested in blogs or the rest of that computer nerd crap.

[ajbright]

why no one will ever ask

why it takes 3-6 months for low oil prices to filter through to the pumps, but high oil prices are reflected the following day...

You watch, the next time oil prices fall dramatically, the oil companies will come out with that tired excuse as to why gas prices don't fall correspondingly.

Then we move on to why they charge so much in the first place.

Their excuse is this.

Because after we drill it out the ground, we are forced to sell it to commodity brokers on Wall Street for $60 a barrel, that means after we refine it, we must also sell it for high prices at the pump.

After all it wouldn't be fair not to make equal profits both on the stock market and at the gas station.

And before anyone says these are two different business, explain to me why Exxon, Mobile, Phillips Connoco, BP etc are two different business when it comes to selling oil to one market and the same oil to another.

There is absolutely no reason why the same oil companies that drill for oil on the Arctic Slope, can't sell the refined product at their own gas stations at whatever price they choose.

No doubt $7-8 billion per quarter (per large oil company) is too little profit, and reducing the price of gas by 50% would devastate a business that has such tight margins.

How would corporate oil executives be expected to live off a mere $12-16 billion in profits per year?

total agreement with Bright

Apparently the oil companies do not think the little people of the US matter much. I am one of those little people. The gas prices are hurting us all.

I have worked all my life. I am a consumer; I am a parent and a grandparent. I am watching my children struggle to get by while gas prices skyrocket. It won't be long before they will not be able to afford to continue their education. Do you think they will be able to afford to get a job? In this area people have to drive 60 to 100 miles round trip to get to school or work. What kind of job will they get without a college degree? After paying for gas just to get to work, then paying taxes, there really won't be much left over to buy food, pay for rent & utilities. Just the basic needs will be more than their paychecks. Where is all this leading? It is not too hard to figure out.

The oil companies should sit down and ponder some on the affect of oil prices on the little people of the US. They should ponder really hard for there are a lot of little people in the US and the little people are really starting to get upset!

[hoopcough]

gas price rise

bush has control

[hoopcough]

gas price rise

the head of our gov. has control

[hoopcough]

gas price rise

you ,america knows who has control.