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Richard in FL
Dodge Dakota
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3/22/2003
05:55:33
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 Subject: Falling Oil Prices
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Hey with crude oil prices falling(26 bucks a barrel on Friday),has anybody seen Gas prices come down yet?. Hope it will here (east Central Fl)soon.
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Dragon
Dodge Dakota
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3/22/2003
07:44:09
|  RE: Falling Oil Prices
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Nope. They're quick to raise them, but always take forever to lower them. You know, "free money" for them.
I even wrote my Senator to find out why they haven't gone down.
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tekmon
Dodge Dakota
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3/22/2003
08:12:29
| RE: Falling Oil Prices
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Message:
Not here if Ft. Laud..
Cheapest yesterday $1.739 for 87
Walmat-Mobil $1.769
Shell down the street $1.799.
been that way for a week and a half..
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Lattimer
Dodge Dakota
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3/22/2003
08:52:12
| RE: Falling Oil Prices
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You have to remember that there is a considerable lag betwen oil price and gas price. Refineries sell inventory, not immediate production. So you will always have a lag between what is being produced and what is being sold at the pump. It can easily take 2 weeks or so to see a price drop at the pump that matches up to a drop in oil price.
Also, crude oil and gasoline are sold on a futures type market, so it is difficult to predict which way prices will go. A sudden drop in crude price can go away very quickly, and the consumer will never see any benefit froma price drop that only lasted a few days.
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2ndDak
Dodge Dakota
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3/22/2003
10:17:50
| RE: Falling Oil Prices
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here in so. md. the gass i bought on tues. was 1.52 yesterday it was 1.49, looks good to me!
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Anthony
Dodge Dakota
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3/22/2003
10:23:22
| RE: Falling Oil Prices
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OPEC stated when the price drops too much because of the increase in oil. They are simply going to cut production to increase prices. Us consumers take it in the A$$. I swear the States should drop a few bombs on these bastards!!!
Anthony
www.geocities.com/dak2nv/
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