I find it extremely interesting that crude oil prices are at an all-time high price per barrel yet gasoline prices at the pump continue to decline a little since summer-time highs. This phenomenon goes against all known study of economics. It defies any education I have of such and is completely contrary to the "laws" of supply and demand.
Why is it that this strange, unprecedented phenomenon is occurring at this particular time? It may just be the one and only time such a thing happens for ALL time! Might the fact that November elections are creating an impact? ... kind of like the Moon's gravitational pull on the Earth?
Also, how is it that oil companies can continue to post 21 consecutive operating quarters of RECORD HIGH (not just rising) profits while supplies continue to go down and costs of access, transportation, and refining oil have allegedly gone up?! I guess they just have extremely talented and capable executive management/leadership? Maybe the US auto makers could benefit by sharing some oil execs' management expertise?