Quote:
Originally Posted by Donger
Your gas costs have gone down. When crude was $147, gasoline was $4.11.
Last week, crude was $118 and gasoline was $3.67.
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Actually, when oil was $147 a barrel here, gas was $3.99
Now that Crude is under $110 a barrel, gas is still $3.65
Our prices have gone down less than a penny per gallon/dollar per barrel. When the price per barrel was going up, gas prices were jumping close to a nickel per gallon/price per barrel locally.
Oddly, oil was at the $100-$110 a barrel price at the start of 2008 and you could buy gas at just under $3 a gallon locally. Now that oil prices are coming back to that, gas is still over $3.60 a gallon locally.
The price may have come down, but not in proportion to how it went up.