Saturday, June 7, 2008

Oil Prices Down

Oil prices went down for a while, there. Why didn't we see lower prices "at the pump?" Whenever oil prices per barrel go up, we usually IMMEDIATELY see prices "at the pump" rise. Why doesn't it work in the opposite direction? Probably because we're talking millions of dollars in extra profit made from sales at the higher prices, coupled with lower oil barrel prices. (Just common sense)

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