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Old September 6th, 2005, 03:58 PM

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

Quote:
El_Phil said:
Either the price of petrol goes up or the oil firms start making a loss on every gallon of petrol. It costs more to make, so of course it costs more to buy at the pump. You have nothing at all to complain about, it's like complaining that Strawberries are expensive in November. When things are rare they cost more.
Try this one.

The cost of a barrel of oil goes up, so the cost of gas goes up.

Except that barrel of oil will not be arriving at gas stations as gas for WEEKS. The gas currently being sold is the gas made from the much lower priced oil!
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