http://www.ritholtz.com/blog/2009/06/gasoline-pricesretailers/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 17:38:10 +0000 hourly 1 http://wordpress.org/?v=3.0.5 http://www.ritholtz.com/blog/2009/06/gasoline-pricesretailers/comment-page-1/#comment-185079 Pat G. Fri, 19 Jun 2009 22:27:00 +0000 http://www.ritholtz.com/blog/2009/06/gasoline-pricesretailers/#comment-185079 This is nothing new as it happens every spring and summer. Simply put, it is the fleecing of America by the large integrated oil companies during the summer driving season. Decrease capacity, create bigger drawdowns, raise prices. If a hurricane happens to come along which effects supply; even higher prices. Absolute genius? That's why those CEO's get paid all the big money... This is nothing new as it happens every spring and summer. Simply put, it is the fleecing of America by the large integrated oil companies during the summer driving season. Decrease capacity, create bigger drawdowns, raise prices. If a hurricane happens to come along which effects supply; even higher prices. Absolute genius? That’s why those CEO’s get paid all the big money…

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