Friday, January 12, 2007

Gas Prices

Ever wonder why gas prices go up so quickly when the costs of crude oil increases but when the cost of oil decreases gas prices seem to take a while to go down? Such a phenomena often makes me mad. This has particularly been the case these last two weeks when crude oil prices have dropped significantly but the price at the pump has not. Here is an interesting article explaining why this occurs.

http://money.cnn.com/2007/01/12/news/economy/gas_prices/index.htm?cnn=yes

If you ask me, it all boils down to two words: Greedy Bastards!

If you want to stick it to the man and get cheapest gas is in the Washington, D.C. area, please email C.S. Manning, who tracks these things in the area.

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