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Inmate Central Inmate Central, where civil and family-friendly discourse about off-audio topics (other than religion and politics) is welcome. |
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In Reply to: So, now that the price of oil is below $100 . . . posted by BillH on March 17, 2022 at 04:50:44:
Our gas prices have been unchanged for 4 days now. They're not going up anymore, but they're not going down, either.
Oil is a commodity (subject to speculation/manipulation), and commodities are traded on futures. People are trading agricultural crops that haven't even been planted yet. That oil that hit $145/barrel is still in the ground. The stuff in the tanks under your local gas station is probably still the same gas that they paid $2.50/gal for a couple weeks ago.
"And today is for sale and it's all you can afford. Buy your own admission. The whole things got you bored. Well the Lord chooses the good ones, and the bad ones use the Lord"--a very dear friend for decades Michael Stanley (Gee)--RIP
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- RE: So, now that the price of oil is below $100 . . . - dark_dave56 03/17/2205:15:01 03/17/22 (0)
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