Wednesday, December 30, 2009

As crude oil drops in price will it show at the pumps.?

It seems strange how fast the price of gas rises at the pumps when the price of oil goes up. Notice how long it takes for the gas price to drop accordingly.


Yes, it should or we're being gouged.


Well, we're being gouged anyway.As crude oil drops in price will it show at the pumps.?
There's no chance of that i'm afraid. Have you ever noticed that even when oil is not put up in the budget it still goes up the next day, anything to get money out of us.As crude oil drops in price will it show at the pumps.?
Wholesale gas prices have dropped and oil futures have drop . So in a few days prices @ the pump will drop . Oil is sitting @ 70 a barrel should relate to about $2.60 ish a gallon depending on the state you live in and the taxes they charge . You can go to gasbuddy.com and see prices already started dropping ...
there is always a 1-2 week lag between the price falls, but a 1-2 day lag for the price hikes......
If you ran a business and the manufacturers prices dipped would you adjust your price list to reflect this? If you did then you would not be a rich businessperson.
Never. But come the time it goes up, the petrol stations are soon out with the ladders changing the prices.
already has
do pigs fly
Prices in my neighborhood have dropped 21 cents in the last 3 days.
Prices have dropped here as well.

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