Buffalo Boy's Blog

I know there are other reasons for the price of gas remaining ridiculously high but I have to ask....Why does the price of gas respond immediately when oil goes up? Yet, when oil prices have fallen some $10-$15 a barrel over the last week or so the price of gas doesn't fall immediately.

It doesn't make sense. either prices of oil and gas are tied together or they are not but one can't go up with the other and then drag behind when one goes down in price. Its been beaten to death but you have to be real suspicious of big oil companies and profits and this is a big reason why.

When oil was just below $90 before the price of gas was under $3.00 a gallon, now its barely budged.