Thread: crude oil
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Old 08-16-2009, 06:58 AM   #23
macpappy
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Default Re: crude oil

I'd go with the speculator's answer. The drive to price up so they can make more money.

The price at the pump always goes down slower than it goes up. What I've noticed is that when the price per barrel goes up one dollar, the price of gasoline seems to jump between 5 and 10 cents a gallon. When the price per barrel goes down a two or three dollars, the price at the pump drops 1 cent.
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