Comments on: Why are gas prices still rising if the price of oil is going down? http://askalandman.com/why-are-gas-prices-still-rising-if-the-price-of-oil-is-going-down.htm Questions and Answers Sun, 20 May 2012 00:01:09 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Steve R http://askalandman.com/why-are-gas-prices-still-rising-if-the-price-of-oil-is-going-down.htm/comment-page-1#comment-1816 Steve R Thu, 18 Jun 2009 17:24:33 +0000 http://askalandman.com/why-are-gas-prices-still-rising-if-the-price-of-oil-is-going-down.htm#comment-1816 The price you see on the news is the futures contract price of light sweet crude. Over 75% of the oil is sour crude which costs 10-15 dollars less a barrel. This contract price is difficult to find and the media does not report it. The price you see on the news is the futures contract price of light sweet crude. Over 75% of the oil is sour crude which costs 10-15 dollars less a barrel. This contract price is difficult to find and the media does not report it.

]]> By: sbskeeper http://askalandman.com/why-are-gas-prices-still-rising-if-the-price-of-oil-is-going-down.htm/comment-page-1#comment-1811 sbskeeper Thu, 18 Jun 2009 17:24:33 +0000 http://askalandman.com/why-are-gas-prices-still-rising-if-the-price-of-oil-is-going-down.htm#comment-1811 Environmental legislation has required additives to be included into gasoline to reduce US gas emissions. Increase in input costs, increase in the cost of products. Environmental legislation has required additives to be included into gasoline to reduce US gas emissions.

Increase in input costs, increase in the cost of products.

]]> By: Alby http://askalandman.com/why-are-gas-prices-still-rising-if-the-price-of-oil-is-going-down.htm/comment-page-1#comment-1812 Alby Thu, 18 Jun 2009 17:24:33 +0000 http://askalandman.com/why-are-gas-prices-still-rising-if-the-price-of-oil-is-going-down.htm#comment-1812 Oil has only fallen $8.00. That translates into a whole $0.05/cents at best... Call me when you want an answer to that question after oil fails $20 or $30/barrel. Oil has only fallen $8.00. That translates into a whole $0.05/cents at best… Call me when you want an answer to that question after oil fails $20 or $30/barrel.

]]> By: HeadTater http://askalandman.com/why-are-gas-prices-still-rising-if-the-price-of-oil-is-going-down.htm/comment-page-1#comment-1813 HeadTater Thu, 18 Jun 2009 17:24:33 +0000 http://askalandman.com/why-are-gas-prices-still-rising-if-the-price-of-oil-is-going-down.htm#comment-1813 The oil companies see that we are hooked. They see that we have almost no choice but to pay and they have dollar signs floating in their heads. If you noticed, when they held the congressional hearings about fuel prices, they oil execs were very smug, then gas prices went up. There is no competition because they are all in it together and they have nothing to compete with them. The oil companies see that we are hooked. They see that we have almost no choice but to pay and they have dollar signs floating in their heads. If you noticed, when they held the congressional hearings about fuel prices, they oil execs were very smug, then gas prices went up.

There is no competition because they are all in it together and they have nothing to compete with them.

]]> By: vegasjj http://askalandman.com/why-are-gas-prices-still-rising-if-the-price-of-oil-is-going-down.htm/comment-page-1#comment-1814 vegasjj Thu, 18 Jun 2009 17:24:33 +0000 http://askalandman.com/why-are-gas-prices-still-rising-if-the-price-of-oil-is-going-down.htm#comment-1814 oil prices is like a roller coaster ride, it's going to be back up soon. oil prices is like a roller coaster ride, it's going to be back up soon.

]]>