kelpdiver 2 #76 May 8, 2008 QuoteQuoteAround here, that would drop the price of a gallon of regular from $4.05 to $3.87. No, it wouldnt... The equilibrium would be somehwere in between those values. I could draw graphs and all, but basically, consummers are willing to buy X gallons per day and pay 4.05, so there is no incentive for gas companies to drop the prices to 3.87. In an election year they might. This was seen in 2006. Short term give for a long term gain (avoiding new taxes) Quote Share this post Link to post Share on other sites
LongWayToFall 0 #77 May 8, 2008 How did I know California was taxing my diesel fuel $.74. Oh wait, its the insane prices I see all the time, THATS how I know. Underground biodiesel sales out pace selling crack by 2015................. Quote Share this post Link to post Share on other sites