Dr. Pyro wrote:Getting ready to head home from work. Looking out at rainpocalypse or stormageddon or something like that. But what really amazes me is that oil has fallen another 2% today and is trading at $59.74/barrel, down $1.20. And I thought Barron's Magazine was nuts when they predicted that oil would hit $75/barrel. So why is the local Shell still selling regular at $3.09/gallon?
My understanding is that it takes a week or so for oil to get from source to pump, so we're still paying for the $75 oil till that runs through.
Just paid $3.17 for diesel.