Quote:
Originally posted by Buff
The Saudis asked OPEC to raise PRODUCTION, not prices, and in most places in the United States, 40% of the price per gallon for gasoline is TAX.
http://news.yahoo.com/news?tmpl=stor...il_6&printer=1
Hiking production = more oil/demand = lower prices
Christ almighty, some of you are stupid as fuck.
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This may be true but it will still take all summer before the price drops significantly. They shoot up fast as hell and continue to climb prior to this meeting yet will take forever to come back down. Gotta love it.