You’ve all noticed it. The SECOND that media reports some problem in the Middle East, gas prices start rising precipitously. Now, you know…and I know….that the refiners paid for the crude which went into producing that gas months….if not years… ago. But, the price goes up by leaps and bounds.
Unfortunately. as I commented to DH last week (ok, I biotched loudly to him about it…..), the reverse is never true. When supply lines ease up, tensions ease and the price per barrel drops, that decline is rarely reflected in the pump price until months later.
I was stunned today to drive into the gas station and look at the price. It was thirty cents less than it was on Friday.
I stand corrected. Woot!
Totally reminded me of: I CAN’T GET BEHIND ANY OF THAT! (see around 40 seconds)http://hryniuk.com/music/I-Cant-Get-Behind-That.mp3