Draco Draconus

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draco
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Draco Draconus
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Lincoln City, OR
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Oregon Coast Rantings

Money & Finance > Gasoline Prices
 

Gasoline Prices

One thing I don't understand. A couple months ago oil prices were approximately $36.00 per barrel yet gas prices were $1.79 per gallon over here on the coast. Now oil is $2.00 cheaper per barrel yet gas prices are 30 cents higher per gallon over here. What am I not understanding? When oil was over $100.00 higher per barrel we were paying close to $5.00 per gallon. I know $2.09 is way better but why can't it hover under $2.00 per gallon until at least the bleed in the economy starts to slow down to a trickle? We need all the help we can get and gasoline prices are an important place to start. In fact I think that the high prices in the past are what started this mess in the first place. With gasoline(and other types of petroleum based fuel) were higher, it started a ripple effect where costs of everything began to jump because it was costing more money to transport them. Then when people couldn't afford to buy those high priced items, production went down and jobs started to be lost. Over here on the coast we will die because people will stop coming here to spend tourist dollars if they have to buy expensive gas to travel. I know that nobody from the gas refineries or the oil companies read any of our blogs but if they do, please think about the economy.
'nuff said.

posted on Feb 14, 2009 5:31 AM ()

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