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Old 08-31-2005, 04:31 PM   #1
crisby325i

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question about stocks...

i'm doing a stocks project in economics, so i've learned a little bit about stocks...but how can that new Valero gas company's price per share go up 10% when here in rock hill, there are 3 gas stations on this one corner and valero was 3.09 and the other 2, citgo and exxon, were only 2.69(which all 3 have went up past $3 today)? wouldn't a stock price go down if it had a shortage in gas?
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Old 08-31-2005, 04:37 PM   #2
DEATH2000
 
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nope,if a company has a gas shortage then the price will go up cause the demand will rise. if there was a surplus of gas the price would drop cause the demand would go down
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Old 08-31-2005, 04:48 PM   #3
crisby325i

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kool...i was wondering, lol. i saw that valero went up 10%, that's insane! and its crazy how fast gas prices went up and i heard something on tv that shows you how stupid america is. this girl said something to the affect of, 'I don't know why these prices are so high. Didn't we go to the war to lower gas prices? I guess we should go ask President Bush that?' <--omg, that made me so mad! i was like, 'stupid, we went to war with Iraq to stop Saddam from killing his people and to stop terrorism...' anyways, i think i've said enough, lol...
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Old 08-31-2005, 04:54 PM   #4
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^^well thats what we think, but technically from the Gulf War to before the U.S. went back to Iraq he must have still been killing his people, so the U.S. should have gone in sooner, but whatever I don't feel like talking about that.

The Valero's by me are the cheapest gas prices I have found so far... strange.
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Old 08-31-2005, 08:46 PM   #5
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Yea your gas price question is a simple supply and demand situation
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