Quote Originally Posted by civic95
So if the price per barrell has dropped over 30%, why hasn't the price per gallon dropped by 30%? It hasn't even dropped 20%.
They were talking about that last night on CNN actually. They say due to gas production at a halt from when Gustav made landfall, that drove prices up on fuel and now that Ike is making land fall that is still delaying production of gas again. Oil prices luckilly are not being affected to far from Ike, so as long as it keeps going down once all the production areas are back up within a week or so pending damage from Ike we should see relief