I've been watching the market now for a while concerned about oil. I see that the barrel has been coming down just about everyday now, some days over a dollar a day. But there is sill no significant impact at the pumps, and gas futures are at 1.63?? Can someone explain how this works... If the barrel goes up the price at the pumps go up 10 20 30 40 cents in a day and the stations will change their price many times in one day to meet that increase, but if the barrel goes down $1,$2,$3,$4 dollars in a week/day we only see pennies lower at the pump. I do not understand what is going on??
2006-09-08
04:32:00
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10 answers
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asked by
Lime 1969
1