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Old 07-02-2008, 11:07 AM   #15 (permalink)
Joe Reitman
Cummins Fanatic
 
Join Date: Aug 2007
Location: North Georgia
Posts: 149
Quote:
Originally Posted by John Banks View Post

Funny though how each day crude is still setting new highs, yet the diesel pump prices seem to have run up about as high as they're gonna go, some have even retreated a hair. I'm no conspiracy theorist, but could this be price manipulation? Past couple of months, pump prices were moving up in accordance with the market barrel prices. Now, in recent weeeks, diesel pump prices seem to have stabilized, yet each day the barrels are @ new highs.
Bottom line, Exxon and others have had record profits in last year or 2 but I think the big diesel users (trucking companies, construction companies. etc.) must be exerting some pressure...
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