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Gas Prices Falling at the Pump as Oil Prices Go Up on News of Egypt Turmoil

 
What is going on?
User ID: 22407979
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07/08/2013 11:59 AM
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Gas Prices Falling at the Pump as Oil Prices Go Up on News of Egypt Turmoil
Prices at the pump here locally have dropped 10 cents over weekend. This morning it was down to 3.29 a gal... I thought they would be going up?
THE INQUISADOR

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07/08/2013 12:03 PM
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Re: Gas Prices Falling at the Pump as Oil Prices Go Up on News of Egypt Turmoil
Prices at the pump here locally have dropped 10 cents over weekend. This morning it was down to 3.29 a gal... I thought they would be going up?
 Quoting: What is going on? 22407979


It takes a couple of days. Wait for it.....
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Anonymous Coward (OP)
User ID: 22407979
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07/08/2013 12:04 PM
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Re: Gas Prices Falling at the Pump as Oil Prices Go Up on News of Egypt Turmoil
Have prices dropped anywhere else recently ?
ANNONYMOUS
User ID: 746829
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07/08/2013 12:28 PM
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Re: Gas Prices Falling at the Pump as Oil Prices Go Up on News of Egypt Turmoil
Have prices dropped anywhere else recently ?
 Quoting: Anonymous Coward 22407979


5a

Here in SE MI we went from $3.89 down to $3.19 a gallon about 3 weeks ago. It took the threat of the MI Legislature investigating why for the preceeding 3 months we had been paying $.30 to $.50 more than the the national average to bring it down to $3.19 just four days ago. Then it zoomed back up to $3.45 now. Just the oil assholes playing their games again and by that I DO NOT MEAN SPECULATORS!
Sikhed

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07/08/2013 12:58 PM
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Re: Gas Prices Falling at the Pump as Oil Prices Go Up on News of Egypt Turmoil
Holding steady here in Oregon. Prices of gasoline & diesel have remained the same since July 1st.
Perhaps with the holiday and recent trouble in the Suez Canal, the bankers/oil companies are sticking it to the futures speculators who are rushing in and buying, expecting the price to rise. (?)
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