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Price Of Gasoline Vs Oil Price


womble

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They get away with it the world over.

Price at the pump goes up immediately after the price of the barrel rises.

When the price of the barrel falls, they say, "Oh, the gasoline at the pump comes from oil bought months before when the barrel price was higher. It will take time to come down".

Of course, they never explain why the price at the pump jumps immediately when it comes from oil that was bought months prior when prices were lower.

We are either stupid or powerless.

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