Oil Down on NYSE but Gas still up

May 16

Posted by


Gas prices in late May 2008.

Image via Wikipedia

Oil is dropping well below 100/barrell at this writing.  But it seems that gas prices are still rising across the land.  The last time oil dropped in this range the gas at the pumps was priced no higher than 2.99/gal. What gives? It seems slow to drop.

Related articles
About these ads

About heloise8

Meaning of "trough" -- Trough is the bottom of a transverse wave. And generically means a low point or a place to fill. Venus is related to this meaning. Veins are to be filled, and venusian people are loving. The left is more venusian than the right, hence The Trough--where Heloise helps the great and the small. Heloise the politico from Blogcritics.org. Physics preacher, blogger, gardener, beach lover, book lover, writer, author.

Posted on May 16, 2011, in Government Trough and tagged , , , , , , , , , , , . Bookmark the permalink. Leave a Comment.

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out / Change )

Twitter picture

You are commenting using your Twitter account. ( Log Out / Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out / Change )

Cancel

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 886 other followers