Fuel Prices???
Does anybody else find it flat out insane that when oil peaked at $160+/barrel we were paying about $4.50/gallon in the midwest, and now with the current update I heard this afternoon, the price of a barrel of oil had dropped again to under $30/barrel. Now given some simple math if we take $30/$160 that gives us a decrease of 81.25%, if we take 4.50/gallon and multiply that by 18.25% that gives us a cost of a whopping $0.84375. Does anybody else find the fuel prices flat out ridiculous right now given the price of oil??? Not to mention that gasoline is still cheaper than diesel fuel??