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.
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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?