Thread: News Donger on Suicide Watch: Oil Nears $100 a Barrel
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Old 09-02-2008, 07:40 PM   #70
alanm alanm is offline
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Join Date: Aug 2000
Location: Nebraska/Wyoming/Colorado
Casino cash: $-113564
Quote:
Originally Posted by PastorMikH View Post
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.
And you're surprised?
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