Supply & Demand:
$146/barrel crude oil last summer = $1.32/L gasoline last summer
$6x/barrel crude oil this summer = $0.99/L gasoline this summer
So, I could imagine:
$150/barrel crude oil next summer = $0.99 x 2.5/L gasoline next summer
Oil sucker!
Last edited by Glenflame; 07-02-2009 at 06:46 PM.
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