The Volatile Oil Market
"We have such a volatile market that any kind of speculation or rumor moves these prices up."
- Claudia Chandler, spokeswoman for the California Energy Commission, referring to gas prices.
Rumors abound that Lee R. Raymond, chairman of Exxon Mobil Corp., is suffering from a really gnarly
headache. Gas prices in California soared another 10 cents a gallon.
The price of tea in China has dropped 12 cents, so gas prices have increased accordingly.
A tanker truck taking a load of gas to the Beacon stations in Tuolumne County had a flat tire that delayed delivery by three hours, so the price of a gallon of gas bumped up another 3 cents.
A shareholder complained he is only earning 25 percent on his oil portfolio, so there was no choice but to raise gas prices 4 cents.
Speculation that Gov. Schwarzenegger plans to replace all California Highway Patrol vehicles with Hummers has driven gas prices upwards by 7 cents.
Surprise Cal-OSHA inspection at Martinez refinery after deadly sulfur leak drives gas prices higher while plant manager complains bitterly about government regulators.
The fellow from Triple-A who keeps track of this stuff took the day off on Tuesday, so gas prices skyrocketed another 11 cents.
Halliburton got nailed trying to gouge the U.S. military in Iraq, so of course we'll have to make up the difference here on the mainland. Add 5 cents a gallon, please.
The guys in research came up with another new important gas "additive" that will keep your windshield clean, so gas prices will go up another 6 cents.
Summer is approaching, so gas prices will naturally have to go up another 20 cents.
Yet another dork suffering from an inferiority complex purchased yet another Hummer to make him feel important, driving the price of gas higher by 3 cents.
Some fuel spilled in the Suisun Marsh last week, so crude oil prices hit a 13-year high.
Turns out that Lee R. Raymond's gnarly headache was actually a migraine. Gasoline prices shot up dramatically.
A confused customer drove away from the Valero station in Turlock with the hose stuck in his tank, driving gas prices up another 2 cents.
World Health Organization report on global warming upsets Saudi prince, while the price of crude shoots up dramatically.
New tax breaks for the rich adds 3 cents to gas prices. Speculation that Congress will reverse tax breaks for the rich adds another 3 cents to gas prices.
Rumors that Disney has planned a hostile takeover of the Abu Dhabi National Oil Company creates uncertainty in international crude oil market.
The impact of hybrid engines on the oil industry has not yet been assessed. Until the oil companies know more, they'll have to add 4 cents to the price of gas.
The boys in marketing have come up with another cool advertising gimmick, so gas prices are going up another 6 cents.
Lee R. Raymond is worried that his migraine might actually be a tumor. Gas prices shoot up another 10 cents.
"We have such a volatile market that any kind of speculation or rumor moves these prices up."
- Claudia Chandler, spokeswoman for the California Energy Commission, referring to gas prices.
Rumors abound that Lee R. Raymond, chairman of Exxon Mobil Corp., is suffering from a really gnarly
headache. Gas prices in California soared another 10 cents a gallon.
The price of tea in China has dropped 12 cents, so gas prices have increased accordingly.
A tanker truck taking a load of gas to the Beacon stations in Tuolumne County had a flat tire that delayed delivery by three hours, so the price of a gallon of gas bumped up another 3 cents.
A shareholder complained he is only earning 25 percent on his oil portfolio, so there was no choice but to raise gas prices 4 cents.
Speculation that Gov. Schwarzenegger plans to replace all California Highway Patrol vehicles with Hummers has driven gas prices upwards by 7 cents.
Surprise Cal-OSHA inspection at Martinez refinery after deadly sulfur leak drives gas prices higher while plant manager complains bitterly about government regulators.
The fellow from Triple-A who keeps track of this stuff took the day off on Tuesday, so gas prices skyrocketed another 11 cents.
Halliburton got nailed trying to gouge the U.S. military in Iraq, so of course we'll have to make up the difference here on the mainland. Add 5 cents a gallon, please.
The guys in research came up with another new important gas "additive" that will keep your windshield clean, so gas prices will go up another 6 cents.
Summer is approaching, so gas prices will naturally have to go up another 20 cents.
Yet another dork suffering from an inferiority complex purchased yet another Hummer to make him feel important, driving the price of gas higher by 3 cents.
Some fuel spilled in the Suisun Marsh last week, so crude oil prices hit a 13-year high.
Turns out that Lee R. Raymond's gnarly headache was actually a migraine. Gasoline prices shot up dramatically.
A confused customer drove away from the Valero station in Turlock with the hose stuck in his tank, driving gas prices up another 2 cents.
World Health Organization report on global warming upsets Saudi prince, while the price of crude shoots up dramatically.
New tax breaks for the rich adds 3 cents to gas prices. Speculation that Congress will reverse tax breaks for the rich adds another 3 cents to gas prices.
Rumors that Disney has planned a hostile takeover of the Abu Dhabi National Oil Company creates uncertainty in international crude oil market.
The impact of hybrid engines on the oil industry has not yet been assessed. Until the oil companies know more, they'll have to add 4 cents to the price of gas.
The boys in marketing have come up with another cool advertising gimmick, so gas prices are going up another 6 cents.
Lee R. Raymond is worried that his migraine might actually be a tumor. Gas prices shoot up another 10 cents.
posted by Joe Livernois @ Thursday, May 06, 2004
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