At issue is the prices per barrel have dropped by 25% yet gas prices have not dropped by the same percentage. One of the local DJ's calls that "Oil Company Math."
I don't know how much it is where I live, but here in Schaumburg, Illinois we paid $3.97 a week ago. When I heard, Thursday, that oil had gone up that day over $5 a barrel (they said because of the Russia/Georgia conflict) I knew it would be up the next day, and I was right. We paid $4.17 or $4.19 a gallon yesterday at the same station.
As our gas has been $3.35 for a little over a week, I thought, ok, that's all it's gonna do, I went ahead and filled up yesterday morning. Yeah, well, yesterday on the way home, $3.29!! lol
Oh well, hopefully it goes down more by the time I need to fill up again.
I almost did that Miss Stacy...I saw $3.39 and was tempted to fill up my truck...35 gallons at least...but I limped on home rolling the dice it would drop a few more pennies...I haven't been back to civilization to see if my gamble paid off! We'll see.
Well we pay about 8 dollars a gallon here in France. Nothing extraordinary, it's always been high here. That's why most people drive little cars, walk and take public transportation.
$2.14 down the street from my office. Some places you have to pay attention to though, they'll add $0.10 if you use a credit card. Most places are $2.29 - 2.39.