Quote:
Originally Posted by stampsx2
So why are gas prices going up 10 cents? Most stations are still at 75 cents but I'm seeing shell and petro canada at 85 cents.
Can anyone explain this? Does someone need a new sailboat?
If at $135/barrel gas was about 1.35/liter, shouldn't it be 45 cents/liter now?
I don't get it.
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I totally agree with you. I just think that we've seen some decrease so everyone in general is more or less happy with that, so the rest of the savings is going to profit. I have no idea how else you would see that much of a decrease in oil prices, yet the corresponding drop in gasoline is so much less.
Of course it will be explained as "other factors" but bear in mind those factors are somewhat the same ones that are adding to the drop in oil prices to begin with.