Quote:
Originally Posted by frazod
They seem to be consistently around or under $100, yet gas prices are going through the roof.
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No, they aren't, at least not with regard to the national average.
Quote:
Originally Posted by frazod
Also, there was a time when crude was in the $150 range, and gas prices were similar to what they are now.
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Crude hit $147 in July of 2008. Gasoline hit $4.11 at that time. We are at $3.67 now. So, as you can see, no, they aren't similar at all.