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Gas prices don't always follow crude costs »

Posted by: STONERS 2 years, 9 months ago
Archived 19

"Can you explain to me," the voice-mail message from a caller said, "why it is that when crude-oil prices are even rumored to go up the price of gas at the pump shoots up? But when crude oil prices fall, the cost of gasoline doesn't go down."

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Comments: 4
  • Avg rating: (+1/-0 1)STONERS
    STONERS
    Jan. 21, 2007, 12:22 p.m.

    Even when crude oil prices are stable, gasoline prices normally fluctuate due to factors such as seasonality and local retail station competition. Additionally, gasoline prices can change rapidly due to crude oil supply disruptions stemming from world events, or domestic problems such as refinery or pipeline outages," according to EIA.

    • Avg rating: (+0/-0 0)tobeybarnes
      tobeybarnes
      Jan. 21, 2007, 9:32 p.m.

      yesterday I got gas for $1.99

      • Avg rating: (+9/-0 9)sailr
        sailr
        Jan. 21, 2007, 10:56 p.m.

        Can you spell G.R.E.E.D? and C.O.R.R.U.P.T.I.O.N? And buddies of the right wing Republicans? So? Why are you surprised?

        • Avg rating: (+0/-6 -6)JohnChasWebb
          JohnChasWebb
          Jan. 22, 2007, 12:37 p.m.

          Attorney General Alberto R. Gonzales should be prosecuting 'big oil' for national price-fixing but instead he is pimping for the Bush Administration's continuing campaign to trash the U.S. Constitution.

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