Comments on: Oil Prices Have Fallen By 50% Why Hasn’t Petrol?

By: Mubeen

Mubeen — Fri, 07 Aug 2009 05:36:00 +0000

I tynk da US are storing oil bought from the Middle East and they release a fraction to the public. As demand is high, price is high. Once Middle East run low on oil, US will release there stock and ppl will be buying oil from US. Awesome idea!

By: Pay Speeding Tickets

Pay Speeding Tickets — Tue, 03 Feb 2009 04:03:04 +0000

I think we’re seeing a bit of a staggered effect, as one industry topples another in a dominoes-like effect.

Jeff

By: Reese

Reese — Mon, 19 Jan 2009 10:40:25 +0000

Yeah, the always say it’s because they have to get rid of all those stocks. But when oil prices do come up, they raise petrol prices almost immediately. Not fair…

By: Ben | Ventrilo Servers

Ben | Ventrilo Servers — Fri, 16 Jan 2009 18:42:06 +0000

They say that the stock they have is when the prices were high, but again who knows if it goes up again in future, then they will not say that but increase the prices.

By: Attract Girls

Attract Girls — Thu, 18 Dec 2008 01:20:45 +0000

Personally i think its because the petrol companies wanted to make as much money as possible out of the situation before people really started to complain. They are exploiting joe public so that they can benifit.
Excellent question.

By: real estate italy

real estate italy — Mon, 08 Dec 2008 21:59:36 +0000

I’m with Carrie, when can we see these savings filter out to other parts of our daily life? I’m loving the low gas prices, but I’d expect that they’d help lower costs throughout the board and we haven’t seen that yet!

By: Carrie

Carrie — Wed, 03 Dec 2008 23:07:42 +0000

Gas prices seem to have fallen by now (who knows what they’ll do next month), but I’m more concerned with when the food prices will stop raising.

By: Matthijs

Matthijs — Tue, 02 Dec 2008 08:34:49 +0000

Your guys talking about gallons right?

Don’t go to Europe the gas prices will scare you!

By: Pink Boutique

Pink Boutique — Sat, 22 Nov 2008 23:19:38 +0000

We are at $1.59 in OK. It has a lot to do with distribution and tax.

By: Zobel

Zobel — Thu, 13 Nov 2008 12:33:14 +0000

..oil organizations wont able answer you…i guess