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if oil per barrle is so low why are pump prices high and food prices not come down

 
Anonymous Coward
User ID: 70486848
United States
01/07/2016 10:59 PM
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if oil per barrle is so low why are pump prices high and food prices not come down
when food prices went high they blamed it on fuel prices so now that the price of a barral of oil is low why are pump prices still around 2 dollers at the pump and grocerys keep going up what is their excuse now just dont make sences
Anonymous Coward
User ID: 69935032
United States
01/07/2016 11:05 PM
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Re: if oil per barrle is so low why are pump prices high and food prices not come down
Just paid $1.57 a gallon for regular.
GunSmth

User ID: 1280431
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01/07/2016 11:08 PM
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Re: if oil per barrle is so low why are pump prices high and food prices not come down
when food prices went high they blamed it on fuel prices so now that the price of a barral of oil is low why are pump prices still around 2 dollers at the pump and grocerys keep going up what is their excuse now just dont make sences
 Quoting: Anonymous Coward 70486848


spock
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"One of three things is going to happen. It'll work, it won't work or somebody's losing some fingers... let's go"

-attributed to an anonymous gunsmith
Anonymous Coward (OP)
User ID: 70486848
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01/07/2016 11:14 PM
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Re: if oil per barrle is so low why are pump prices high and food prices not come down
Just paid $1.57 a gallon for regular.
 Quoting: Anonymous Coward 69935032


there you go 1.57 it has been down for a couple of months so back to why are food prices going up and not down it cost less to fuel trucks to deliver food cost but i think a lot of it is due to obama killing are coal plants electric prices are way up
Anonymous Coward
User ID: 71193506
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01/07/2016 11:15 PM
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Re: if oil per barrle is so low why are pump prices high and food prices not come down
Without any sharp changes, prices will continue to drop.

Prices are never as quick to reflect decrease

because decrease is loss for everyone that doesn't want to take it.
Anonymous Coward
User ID: 71193506
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01/07/2016 11:18 PM
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Re: if oil per barrle is so low why are pump prices high and food prices not come down
A declining price of oil now might barely be reflected in next years food costs

but today's cheaper oil cannot decrease the cost of food delivered last month and produced months ago.
Anonymous Coward
User ID: 71193506
United States
01/07/2016 11:21 PM
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Re: if oil per barrle is so low why are pump prices high and food prices not come down
Just paid $1.57 a gallon for regular.
 Quoting: Anonymous Coward 69935032


there you go 1.57 it has been down for a couple of months so back to why are food prices going up and not down it cost less to fuel trucks to deliver food cost but i think a lot of it is due to obama killing are coal plants electric prices are way up
 Quoting: Anonymous Coward 70486848


When they eliminate water to farms that produce food

those farms don't produce food.

Less farms producing less food equals less people working

and less food produced.

Less food produced equals higher prices for food.


It is all deliberate. It is intentional. It is by design. It is what they are doing to us.
Anonymous Coward
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01/07/2016 11:26 PM
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Re: if oil per barrle is so low why are pump prices high and food prices not come down
pump prices are as low as I've seen in years. Each time I fill up my tank I'm paying at least $20 less than before, in some cases more than that. Since I fill up once per week that adds up to at least $100 per month. Not much, but $100 more in my pocket per month than before so I'm not complaining.
Anonymous Coward
User ID: 71044383
United States
01/07/2016 11:28 PM
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Re: if oil per barrle is so low why are pump prices high and food prices not come down
Im sorry but Oil does not come in Barrles
Anonymous Coward
User ID: 70906708
United States
01/07/2016 11:33 PM
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Re: if oil per barrle is so low why are pump prices high and food prices not come down
It's to control the rate of inflation.
JustChilling

User ID: 67790386
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01/07/2016 11:33 PM
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Re: if oil per barrle is so low why are pump prices high and food prices not come down
when food prices went high they blamed it on fuel prices so now that the price of a barral of oil is low why are pump prices still around 2 dollers at the pump and grocerys keep going up what is their excuse now just dont make sences
 Quoting: Anonymous Coward 70486848


That's what I'd like to know.
Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.
-Winston Churchill
Anonymous Coward
User ID: 71145994
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01/08/2016 12:02 AM
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Re: if oil per barrle is so low why are pump prices high and food prices not come down
Food prices won't go any lower dummy because half the damn country is on food stamps. What company has incentive to lower prices when uncle sam is footing the bill.
FubarMan

User ID: 70447142
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01/08/2016 12:10 AM
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Re: if oil per barrle is so low why are pump prices high and food prices not come down
Commodity prices are generally controlled by the Government, research it yawn...





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