Level Extreme platform
Subscription
Corporate profile
Products & Services
Support
Legal
Français
Oil Prices Down, but not at the pump?
Message
From
29/09/2008 20:35:19
 
 
General information
Forum:
Finances
Category:
Articles
Miscellaneous
Thread ID:
01351644
Message ID:
01351677
Views:
22
>>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


I vote for curtain #3
Previous
Reply
Map
View

Click here to load this message in the networking platform