Quote:
Originally Posted by FlyersFan
3.27 is the cheapest price anywhere in the whole LA market. Just rediculous. If the price peaked around 4.50 and that was at 147/barrel, how the fk is it at 70+ a barrel now and still at 3.27?? Im getting sick of this ****. Somebody always has their hand in my pocket whethere it be the goverment, jack ass oil companies.......bout ready to start cutting off hands....  |
Um....
It is NOT a linear scale, dude. You still have to pay for labor, utilities, drilling, transportation, etc. Raw materials are only a small fraction. If it was proportional, we would have been paying 7 bucks a gallon for gas in early July.
Quite frankly I am a little surprised how fast it fell.