Originally Posted by Hydrae
Price per barrel: $150.00
Prices at the pump: $4.00
Price of barrel drops to $50.00, the pump price should also drop by 66%. Am I missing something here?
If pump price "should" be around $2.00 then I would expect to see the barrel price at around $75.00.
It just seems to me these fockheads arbitrarily raise the prices for a gallon of gas and have a bunch of spin doctors ready with an explanation.
Exxon Headquarters-"We have a problem...we decided to amp up the price 20 cents a gallon....can you get us something?"
"No problem. Just give us a minute to get the jar of excuses out and we'll pull one out."
"Ooo-kay guys. We got one that we haven't used in a long time. Remember the tse-tse fly epidemic in Nigeria that we used back in 1979? Well, let's go with that one again. None of these idiots will remember that one."