Here is a day by day, back to '97
NYMEX Light Sweet Crude Oil Futures Prices
Ever since the dems took over in washington oil went nuts!
5 years ago oil was @ around $30.00 and the avg gal of gas in ohio was $1.14. According to my calculations, gas is fair priced at $1.60-1.70 here, right now. The cost to supply may have increased in the last 5yrs, so has the amount of additives they put in the gas.
My point was, why is there such a huge variance in pricing? I understand state to state variance in taxes & overhead costs etc.., but I could drive 20miles from my home and find gas from $1.69 to $2.49. If a station is able to make a profit at $1.69 right now, then other stations should be able to. IMO, there should be some regulation, Fair market +25 cents max!
