Friday, July 30, 2010

If oil prices have gone down 50%, why is gas only a few cents chaper?

One reason is that the price of crude is only a portion of the cost of producing refined fuel products.If oil prices have gone down 50%, why is gas only a few cents chaper?
Gas is $2.41 here in Texas. It was up to $3.99.





That's a lot more than a ';few cents cheaper';.

No comments:

Post a Comment