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Think the fix is in on gas prices? New report may back you up

KCBY -- PORTLAND, Ore. - According to a new report, gas prices in the Northwest never should have gotten so high and may have been inflated on purpose.

KATU News has also learned that big oil may have been making $50 million a day from drivers in Oregon and Washington.

The price at the pump should reflect crude oil, which is way down. But while the rest of the country has enjoyed saving close to 20 cents a gallon, drivers in Oregon and Washington have had to cough up 65 cents more.

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Submitted Jun 15, 2012 By: NewGirl51

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honda0105 Champion Author Tallahassee Posts:18,828 Points:1,637,220 Joined:Nov 2008	Message Posted: Jun 18, 2012 4:45:55 AM Ignore honda0105 Report Abuse carloco: time to stop sniffing the gasoline fumes?
honda0105 Champion Author Tallahassee Posts:18,828 Points:1,637,220 Joined:Nov 2008	Message Posted: Jun 18, 2012 4:44:58 AM Ignore honda0105 Report Abuse Dandy: you bet there's surprise for some. Most of us probably think is is olds (not news).
DandyDapple All-Star Author North Dakota Posts:715 Points:330,770 Joined:Sep 2008	Message Posted: Jun 16, 2012 9:22:26 PM Ignore DandyDapple Report Abuse Price fixing and gouging? ... and we're surprised?
strakey All-Star Author California Posts:750 Points:545,760 Joined:Oct 2008	Message Posted: Jun 16, 2012 9:05:34 PM Ignore strakey Report Abuse So are those people that got gouged going to get their money back? oh, what's that? there not eh? hmmmmm...well,I guess here in America it only depends on who you are to whether is ok to steal from others or not? oh, that's right, it's been that way for years...
carloco75 Champion Author Richmond Posts:3,848 Points:627,720 Joined:Oct 2010	Message Posted: Jun 16, 2012 8:43:46 PM Ignore carloco75 Report Abuse 21 out of every 6 owners agree the price at the pump is 2 dollars too high... [Edited by: carloco75 at 6/16/2012 9:49:37 PM EST]
sparky808 Champion Author Honolulu Posts:3,139 Points:624,685 Joined:Sep 2011	Message Posted: Jun 16, 2012 3:17:36 PM Ignore sparky808 Report Abuse Thank you for posting.
heydano67 Champion Author California Posts:1,806 Points:385,235 Joined:Feb 2012	Message Posted: Jun 16, 2012 2:40:50 PM Ignore heydano67 Report Abuse So much for the cost of oil being the deciding factor in price at the pump.
da_bears22 Veteran Author Chicago Posts:405 Points:1,262,460 Joined:Nov 2005	Message Posted: Jun 16, 2012 2:37:42 PM Ignore da_bears22 Report Abuse What I'd like to know is why gas prices are within 10-15% of their all time highs when crude is only about 60-65% of its all time high.
Tomeboy Champion Author Twin Cities Posts:3,910 Points:587,365 Joined:Apr 2009	Message Posted: Jun 16, 2012 6:05:37 AM Ignore Tomeboy Report Abuse Check out the GasBuddy gasoline price chart link below for the Twin Cities. The average price for gasoline has skyrocketed 4-days in a row!! A 30-cent increase!! http://www.twincitiesgasprices.com/retail_price_chart.aspx
Tomeboy Champion Author Twin Cities Posts:3,910 Points:587,365 Joined:Apr 2009	Message Posted: Jun 16, 2012 5:31:39 AM Ignore Tomeboy Report Abuse For the Upper Midwest, lower gas prices were fleeting 2:35 PM - June 15, 2012 by Bob Collins MPR News (Minnesota Public Radio) Twin Cities gas prices increased another 10 cents a gallon today -- that's a 30-cent run-up in a week. But that's not the story; this is the story. The price of a gallon of diesel fuel is now equal to -- or, in many cases, less than -- the price of a gallon of regular unleaded. Since September of 2004, diesel has been higher than gasoline, mostly because of worldwide demand for diesel, tight refining capacity, the transition to ultra-low sulfur fuel and a federal excise tax that's 6 cents higher than for gasoline. This week the Energy Information Agency lowered its projections for the cost of both diesel and gasoline, citing a weakening economy. But that doesn't explain why one fuel is dropping and the other is going up. Apparently, it's not just us (Twin Cities/ Minnesota). In Ohio, gasoline dealers say they're frustrated because the prices are going up while the price of crude is going down. They contend wholesalers and oil companies are trying to make up for the money they lost earlier in the year. (Trying to make up for the money they lost earlier in the year? So they recoup that loss by passing it along to the consumer. One man’s loss is another man’s gain). Economists had hoped lower gasoline prices -- other than California, Minnesota has some of the highest gas prices in the country -- would get people to spend more. At $3.79, the price of gasoline is only 4 cents away from the highest average price in Minnesota in more than a year. Meanwhile, for truckers -- especially independent truckers -- the lower prices go right to the bottom line. [Edited by: Tomeboy at 6/16/2012 6:38:00 AM EST]
gravityhurts Champion Author North Carolina Posts:4,234 Points:965,205 Joined:Sep 2008	Message Posted: Jun 16, 2012 4:51:54 AM Ignore gravityhurts Report Abuse Basterds
melvindale Champion Author Michigan Posts:1,438 Points:351,230 Joined:Jun 2011	Message Posted: Jun 15, 2012 11:34:39 PM Ignore melvindale Report Abuse Antitrust suits can only be brought when there is evidence enough to prosecute. They get past this by only having the heads get together, and having real legitimate business that gets reported. They just don't mention the real reason was to set a new schedule for prices, including all the unscheduled world events that they will use for excuses to push up prices. Its like (or is) organized crime. If no one talks, no one is prosecuted. I wonder if the big oil companies have enforcers and kill people who may let the feds know what is really going on? Seems plausible. Look at the facts. (Meaning prices versus oil exploration discovery and reduction of costs due to maturing technology. i.e. Prices go up while supply goes up in relation to demand, and costs go down.) There has been collusion to fix prices since 1960, if not sooner. Perhaps they used industry rebuilding after WW2 to set up the whole scheme.
sprocketsplines Champion Author Washington Posts:1,813 Points:888,060 Joined:Oct 2010	Message Posted: Jun 15, 2012 11:21:58 PM Ignore sprocketsplines Report Abuse What happened to antitrust?
crreed1 Champion Author West Virginia Posts:2,100 Points:2,550,715 Joined:May 2005	Message Posted: Jun 15, 2012 11:16:46 PM Ignore crreed1 Report Abuse bs
METEOR49 Champion Author Ontario Posts:2,312 Points:482,175 Joined:Apr 2011	Message Posted: Jun 15, 2012 11:12:19 PM Ignore METEOR49 Report Abuse gee do ya think they fix prices - is a frogs butt watertight?
jetskijerry Champion Author North Carolina Posts:4,036 Points:799,970 Joined:Mar 2011	Message Posted: Jun 15, 2012 11:10:44 PM Ignore jetskijerry Report Abuse Crooks
jetskijerry Champion Author North Carolina Posts:4,036 Points:799,970 Joined:Mar 2011	Message Posted: Jun 15, 2012 11:10:36 PM Ignore jetskijerry Report Abuse Collusion.
jetskijerry Champion Author North Carolina Posts:4,036 Points:799,970 Joined:Mar 2011	Message Posted: Jun 15, 2012 11:10:25 PM Ignore jetskijerry Report Abuse It's true everywhere.
DandyDapple All-Star Author North Dakota Posts:715 Points:330,770 Joined:Sep 2008	Message Posted: Jun 15, 2012 11:07:49 PM Ignore DandyDapple Report Abuse does this really surprise us?
kelly1016 Champion Author Victoria Posts:1,953 Points:353,065 Joined:Oct 2011	Message Posted: Jun 15, 2012 11:07:49 PM Ignore kelly1016 Report Abuse Of course the fix is in. As soon as oil goes up so does gas but when oil goes down gas prices follow very slowly if at all.
southrob Champion Author Tucson Posts:3,736 Points:714,900 Joined:Mar 2011	Message Posted: Jun 15, 2012 11:07:34 PM Ignore southrob Report Abuse and we are not surprised... govt makes the most from high fuel because of taxes
emptypockets2008 Champion Author Michigan Posts:14,652 Points:1,311,695 Joined:Sep 2008	Message Posted: Jun 15, 2012 11:07:32 PM Ignore emptypockets2008 Report Abuse Nope.
CdnLynx Champion Author Ontario Posts:1,082 Points:537,765 Joined:May 2008	Message Posted: Jun 15, 2012 11:07:28 PM Ignore CdnLynx Report Abuse They have been greedy across N. America for some time! The billions/trillions of dollars they have taken from the average citizen has been beyond astronomical. Place's like the U.S. Northwest and Canada have been particular greedy!
N5EXY Champion Author Austin Posts:5,632 Points:1,536,990 Joined:Jul 2004	Message Posted: Jun 15, 2012 11:05:01 PM Ignore N5EXY Report Abuse So was it ever not fixed? 144 days until the ejection.
joel27nc Champion Author Raleigh Posts:10,677 Points:1,886,070 Joined:Mar 2008	Message Posted: Jun 15, 2012 11:04:29 PM Ignore joel27nc Report Abuse May have been inflated? Really!
HEBster Champion Author Kentucky Posts:8,922 Points:2,400,630 Joined:May 2006	Message Posted: Jun 15, 2012 11:04:13 PM Ignore HEBster Report Abuse Yup!
TheSicilian Champion Author Jacksonville Posts:5,514 Points:1,496,475 Joined:Feb 2009	Message Posted: Jun 15, 2012 11:02:01 PM Ignore TheSicilian Report Abuse not surprised
Toppers Champion Author Atlanta Posts:9,147 Points:2,497,420 Joined:Mar 2005	Message Posted: Jun 15, 2012 11:01:30 PM Ignore Toppers Report Abuse Somethin's fishy
Rajah Champion Author Illinois Posts:7,642 Points:2,328,480 Joined:Jul 2005	Message Posted: Jun 15, 2012 11:00:40 PM Ignore Rajah Report Abuse Of course the "fix" is in. I've known that for years just by the way the prices spike and trickle in unison here.
crewsing Veteran Author Virginia Posts:391 Points:85,030 Joined:Feb 2012	Message Posted: Jun 15, 2012 10:57:17 PM Ignore crewsing Report Abuse Ok.
badspots Champion Author Houston Posts:2,082 Points:693,105 Joined:Feb 2011	Message Posted: Jun 15, 2012 10:56:44 PM Ignore badspots Report Abuse Ok.
mabrams184 Champion Author Lexington Posts:2,176 Points:557,955 Joined:Aug 2011	Message Posted: Jun 15, 2012 10:56:08 PM Ignore mabrams184 Report Abuse You don't have to be the brightest bulb in the lot to see this.
DUKE_CITY Rookie Author Albuquerque Posts:88 Points:176,280 Joined:Oct 2005	Message Posted: Jun 15, 2012 10:56:05 PM Ignore DUKE_CITY Report Abuse Gas prices should be like they are in Louisiana. Check the gas price heat map .
mstearno Champion Author Dayton Posts:8,174 Points:1,755,920 Joined:Jan 2008	Message Posted: Jun 15, 2012 10:53:00 PM Ignore mstearno Report Abuse nothing new here
kingpin6 Champion Author Arkansas Posts:2,925 Points:1,573,600 Joined:Jul 2007	Message Posted: Jun 15, 2012 10:52:48 PM Ignore kingpin6 Report Abuse Surely not! Big oil would never do anything that devious (or would they).
otherdave Champion Author Indiana Posts:3,535 Points:1,296,110 Joined:Oct 2008	Message Posted: Jun 15, 2012 10:51:55 PM Ignore otherdave Report Abuse This has been going on for at least 25 years. AT LEAST 25 YEARS.
Chris46 Champion Author Dayton Posts:23,954 Points:2,107,475 Joined:Sep 2005	Message Posted: Jun 15, 2012 10:51:41 PM Ignore Chris46 Report Abuse Greed controls the prices
gmcgas Champion Author Atlanta Posts:6,094 Points:1,741,870 Joined:Mar 2004	Message Posted: Jun 15, 2012 10:45:53 PM Ignore gmcgas Report Abuse they made lots of money the last serval years. made everything more pricey.
Blue48 Champion Author Illinois Posts:7,445 Points:1,665,645 Joined:Feb 2007	Message Posted: Jun 15, 2012 10:45:43 PM Ignore Blue48 Report Abuse DUH! NOT A SHOCKER!
heysailor Champion Author Pittsburgh Posts:9,717 Points:2,360,145 Joined:Mar 2006	Message Posted: Jun 15, 2012 10:43:24 PM Ignore heysailor Report Abuse Pig Business runs the world
CAroadrunner101 Champion Author California Posts:1,962 Points:1,342,150 Joined:Mar 2009	Message Posted: Jun 15, 2012 10:41:06 PM Ignore CAroadrunner101 Report Abuse oh really???
carloco75 Champion Author Richmond Posts:3,848 Points:627,720 Joined:Oct 2010	Message Posted: Jun 15, 2012 10:35:05 PM Ignore carloco75 Report Abuse I didn't need a report to know this...
MRHONEST Champion Author Illinois Posts:2,217 Points:1,695,830 Joined:May 2007	Message Posted: Jun 15, 2012 10:33:38 PM Ignore MRHONEST Report Abuse The fix on gas is old, I mean really old news!
rxman1 Champion Author Toledo Posts:9,690 Points:1,889,495 Joined:Nov 2007	Message Posted: Jun 15, 2012 10:31:19 PM Ignore rxman1 Report Abuse All righty then.
iceman11 Champion Author Ontario Posts:2,715 Points:536,425 Joined:Feb 2011	Message Posted: Jun 15, 2012 10:29:46 PM Ignore iceman11 Report Abuse Ok
crashintuc34 Champion Author Tucson Posts:4,188 Points:838,555 Joined:May 2010	Message Posted: Jun 15, 2012 10:29:41 PM Ignore crashintuc34 Report Abuse Big oil can't take all the blame. Our illustrious gobment is in on it, too.
Nicoalbum Champion Author Ottawa Posts:6,167 Points:1,216,725 Joined:Jan 2010	Message Posted: Jun 15, 2012 10:29:39 PM Ignore Nicoalbum Report Abuse Justice must be served.
Suzy7Q Champion Author Wisconsin Posts:2,319 Points:397,255 Joined:Apr 2012	Message Posted: Jun 15, 2012 10:26:58 PM Ignore Suzy7Q Report Abuse Someone a long time ago told that the oil companies make millions of dollars on just one cent increase. Talk about fixed.
200porter Champion Author Toronto Posts:2,200 Points:568,860 Joined:Sep 2011	Message Posted: Jun 15, 2012 10:26:43 PM Ignore 200porter Report Abuse Surprised the rest of the world isn't artificially inflating prices. Or, maybe they are...
menagerie1013 Champion Author San Diego Posts:2,365 Points:711,190 Joined:Apr 2011	Message Posted: Jun 15, 2012 10:25:21 PM Ignore menagerie1013 Report Abuse No surprise there.