Quote:
Originally Posted by Bojangles
Some how the oil prices have been dropping, bust last week the price of gas either raised or stayed the same. Wtf?
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I had no idea that you can run your gas on oil. What kind of car do you have? ;-)
Gas is made from oil, it isn't straight oil. There has been quite a large hurricane in the Gulf... where a good portion of our gas is created from oil. Also, just because oil prices are at $X today, doesn't mean the refineries got them at $X... they still need to get their money back from buying oil at $Y.
The price of gas has a couple week delay on oil. Give it time, it will drop.
I'm glad that oil is dropping, but I really hope this doesn't make people suddenly forget the energy situation we are in.
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