Uh oh, you are insinuating oil companies, suppliers and retailers are gouging and manipulating price....get ready to be flamed by the supply and demand Freepers who believe that could and will never happen. Shame on you for thinking that could happen.
Oil falls from 147 to 111, a 24% decrease. Meanwhile at the same time, gas prices fall from $4.11 to $3.69, a 10.2% decrease. Should be obvious.
Uh oh, you are insinuating oil companies, suppliers and retailers are gouging and manipulating price....get ready to be flamed by the supply and demand Freepers who believe that could and will never happen. Shame on you for thinking that could happen.
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Not going to flame you, but we are going to correct you. I hate to point this simple fact out, but oil is not gasoline. The logic applied by the genteleman who cited the drop in oil relative to gas is simply faulty. It is the same faulty logic that someone would make by claiming that a 50% drop in aluminum prices *must* cause a 50% drop in automobiles. It simply ignores the cost of every other input that goes into the final product.