In early May, the average price $ per gallon in the U.S. was under $3 per gallon. Right now, with oil back at that previous level, gasoline is still hovering around $4 per gallon. Tell me that Exxon Mobile is not gouging us.
Go Broncos…Theoretically, yes that is the way it is SUPPOSED to happen but if that were the case, then why does the price at the pump go up seemingly immediately when the price of oil goes up at the end of the trading day in Saudi Arabia?
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3 responses so far ↓
1 Go Broncos // Aug 12, 2008
Because the $114.00 a barrel price is for September delivery price. When oil last month was $147.00 a barrel it is todays price.
2 Rocker61 // Aug 12, 2008
I paid $3.49 yesterday. I don’t know what you are talking about.
3 nj2pa2nc // Aug 12, 2008
prices are going down slowly here=paid $3.55 for regular yesterday
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