Oil continues to drop - now to an 18 month low.
But gas prices are holding steady around 2.20, a full .20 more than they were 4 or 5 months ago, when oil cost about 6 or 7 dollars per barrel more.
What's the deal?!
Wouldn't it be actually nice if it worked the way it should? Raw materia prices drop, and end product prices drop, but I'm still stuck at the $2.25 to $2.40 price point in Delaware. I think the gas companies have been cut way too many breaks and are getting away with charging whatever they want. Oil prices drop by dollars a barrel and gas prices stay virtually unchanged. However, if the oil prices go up a nickel, gas prices go up two dimes.