F... gas prices

[steveo395]

Originally Posted by dmek25

the price of a barrel of oil hit a high of around 140/ per. gas prices around here hit a high of around 4.00 a gallon. now that oil is under a 100.00/ barrel, why did the price of gas only drop roughly .40 a gallon? im sure schneed has a logical reason to why its OK that us Americans are allowed to be ripped off

The price of a barrel of oil isn't the only thing controlling gas prices. There is still the cost of refining, shipping, paying the people that work at the gas station, taxes, and that evil thing, profits. The price of a barrel of oil is only part of the equation, so a 30% drop in the price of oil is not going to be a 30% drop in the price of gas. So yes, there is a logical reason as to why your getting "ripped off."