I'm going to make this simple and let you do the math.
The price of a barrel of oil ended 2006, the same as the end of 2005. So, to recap, oil is exactly the same price now that it was a year ago. YET... January 1st, 2006 - Price of Gasoline was $2.08. January 1st, 2007 - Price of Gasoline is $2.71.
Anyone got any answers?
2 comments:
Look at Chevron's record profits this year and you have the answer.
Bastiches!!!
You live in California. In Missouri, we're at the same price for gas as a year ago, $2.01.
Cheers.
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