Why are fuelat the pump quick to rise, and slow to drop relative to the price of crude oil?

Tuesday, July 27th, 2010

Oil prices skyrocketed in May, and fuel prices weren’t too slow to respond to the change in market price. Now that oil prices have dropped, why don’t we see the savings at the pump as fast as the fill stations were quick to raise prices?

Will the price of oil drop after Obama is president?

Sunday, March 28th, 2010

He want’s to end the war in Iraq and negotiate with Iran. Will this be helpful in reducing the cost of oil?
Despite all the recent talk of soaring prices at the pump, political and economic pundits rarely mention the impact of war and political instability in the Middle East on the skyrocketing price of [...]

What’s the bigger problem, price of oil/gas or the value of our dollar?

Sunday, January 17th, 2010

I think Bush is trying to pull another WMD by trying to place as much blame as he can on the Democrates as he can for the high price of fuel because of the drilling restrictions there fighting for. Bushes bungled policies have had every thing to do with the value of our dollar, [...]

Is the reason for economic recession our mortgage crisis, or exponential rise in price of oil?

Friday, December 25th, 2009

In contrast to the eminent mortgage crisis that our country is facing; the price of oil has risen from /barrel to nearly 0/barrel. The price of fuel affects a broader population than the bad loans and/or bad debt that media and government are focused on. It doesn’t help to be given only half [...]