Thread: Gas Prices
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Old September 7th, 2005, 01:45 PM

Phoenix-D Phoenix-D is offline
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Default Re: Gas Prices

Quote:
El_Phil said:
Well Phoenix yes that is true, but it's also true that when the price of oil goes down so does the price of petrol. You cannot have it both ways.
Correct. However that's not what I was *****ing about.

When the price of oil goes -up-, gas prices track it very, very closely..even though, again, the oil won't be delivered as gas for weeks.

When the price of oil goes -down- prices DON'T track if closely at all. For exactly the same reason I stated above: the oil hasn't been delivered as gas yet. Funny how it only works in one direction, isn't it?
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