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Oil Prices Down, but not at the pump?
Message
From
29/09/2008 18:07:31
 
 
To
29/09/2008 17:14:20
General information
Forum:
Finances
Category:
Articles
Miscellaneous
Thread ID:
01351644
Message ID:
01351667
Views:
11
>Why is it that as soon as the price of oil goes up, it goes up at the pump immediately, supposedly because they forecast what it will cost them to replenish their stocks. But, when it goes down, as it did today, prices don't go down immediately as well since replenishing their stocks will cost less?
>
>
>http://biz.yahoo.com/ap/080929/oil_prices.html

Simple answer : Ike
Generic answer : Gas price is complicated
Conspiratorial answer : Oil companies are screwing us

How gas prices work:
http://auto.howstuffworks.com/gas-price.htm
Wine is sunlight, held together by water - Galileo Galilei
Un jour sans vin est comme un jour sans soleil - Louis Pasteur
Water separates the people of the world; wine unites them - anonymous
Wine is the most civilized thing in the world - Ernest Hemingway
Wine makes daily living easier, less hurried, with fewer tensions and more tolerance - Benjamin Franklin
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