40% drop since 147.00 a barrel but....

[mrenn]

Funny how when it was 147.00 a barrell I was paying around 5.29 a gallon here in socal,now its dropped 40% since that day which if you did the math I should be paying around 3.18 a gallon right now no?WTF are the prices still at 3.80?

[ford99PSD]

greed is all i can say

[MrJohnWayne]

yup.. ditto to the greed.

Have seen 3.69 a gallon here.

[SuperCrutyPS]

There's the old addage that fuel prices shoot up like a rocket and float down like a feather.

Certainly true now....Some places around here (Sacramento) still at $3.99. Others are lower in the $3.80's...

[Lonno]

Prepare to see more astronomical profits from the big refineries, Exxon, Shell, Valero. They think we'll be happy with anything under $4. Those 3 or 4 companies will soon be worth more money than Americas gross national product.

[shu873]

I see the DJIA dropped another 650+ points today... Opec is holding an emergency meeting due to falling oil prices too.

[MrJohnWayne]

yeah.. They say they have to use the rest of the "expensive" oil before they can lower prices at the pump which some say is a 2 week supply at refineries, but it is funny when the price per barrel goes up pump prices go up overnight as well...

[CoalRollinRoosterCruiser]

You guys are lucky.


North Carolina now has the highest fuel prices in the continental United States Thats what they said on the news yesterday.


We're still paying 3.99-4.49 for diesel here.

[stroker#99]

You guys have it good. I am paying $5.64 a gallon in Alberta, and we are the largest supplier of oil, and gas to Canada, and the U.S.A. We also pay more than the national average in our province and we have the majority of the oil , and gas , and refineries. Go figure.

[Strõkër~X]

i seen $3.59 today, i bet i could find it for less also if i tried