Ask a Question
or
Create a Poll
  1. Home /
  2. Questions /
  3. Finance
  4. / Commodity Prices & Trading
  5. / Historical Gas Prices

by digitfast10 on September 17th, 2008

digitfast10

Question

Help answer this question below.

Why is gas price in the US $4 a gallon at $97 pbarrel , when in january 2008, the price was $3 a gallon and the barrel of oil was selling at $100 pbarrel. On top of being ripped off by the Oil company now we are getting shafted by the gasoline pump owner

  • Like
  • Report
Share:
Other

Answers. 1 helpful answer below.

  • by Yarnlady is happy every day on September 17th, 2008

    Yarnlady is happy every day

    Because you can choose where you will buy gas, the pump owner must charge the lowest price he possible can. If his supplier is not lowering the price, he cannot lower his price, or you can simply go somewhere else.

    The whole gasoline fiasco is am American tragedy of greed and corruption, but not at the local level.

    • Like
    • Report

    No comments. Post one | Permalink

Want to attach an image to your answer? Click here.

Did this answer your question? If not, then ask a new question or create a poll.

More Questions. Additional questions in this category.

You're reading Why is gas price in the US $4 a gallon at $97 pbarrel , when in january 2008, the price was $3 a gallon and the barrel of oil was selling at $100 pbarrel. On top of being ripped off by the Oil company now we are getting shafted by the gasoline pump owner

Follow us on Facebook!

Related Ads

Related Questions

Professionally Researched

Answerbag

a Demand Media company