The last time oil was under $55/barrel, gas was much lower than $2.299/gl

[Deja Q]

And that wasn't around any holidays, if I recall rightly.

:shrug:

[sweetheart]

1. Hi there hyppie!!

:hi: good to see you

[bookman]

2. Regular...

..is still under $2 here in Texas. But on a recent trip to NC it was going up on election day.

[southerncrone]

3. Wasn't it more like $1.79?

[Psephos]

4. Gasoline has its own futures contract, and its own supply and demand

Biggest problem is that refinery capacity and bottlenecks, seasonal mix changes, and specialized transportation of finished product are all factors for gasoline that don't affect crude oil.

BTW, I paid $2.16 yesterday (Michigan), which is the same price to the penny I paid 13 months ago, according to an old receipt I found in the center console.

Peace.

[alittlelark]

6. uh, yeah.....

funny how they have had soooooooo many bottlenecks and changes lately.


Don't buy into the BIG OIL propaganda... look at their RECORD PROFITS... re-evaluate their 'excuses'.

[Psephos]

7. I don't buy the Big Oil line, no how, no way

Just pointing out that the markets for gasoline and oil track semi-independently from each other because of structural differences.

:-)

Peace

[alittlelark]

5. 28 years of buying gas under my belt....

You recall correctly.

[MiniMe]

8. They have to make up for holding gas prices down for the last 2 months

[Freeusfromthechurch]

9. You know what they will do

They will keep raising the prices and blame it on the Democrats.

[LaurenG]

10. Hi there

handsome!;-) Nice to see you! :bounce: Yeah gas shouldn't still be at 2.29 but you know - the election is over!

[radfringe]

11. since election day

Wilkes-Barre PA

11/7 Election Day - 2.13/gal
11/7-11/10 - 2.18/gal
Friday 11/17 - 2.25/gal

[elocs]

12. Here in western Wisconsin

the price of gas was $2.29 a gallon for a week to ten days before the election and that is still the price more than ten days after the election.