Oil $80 dollars a barrel

xs_torque · Fri, Oct-10-2008, 05:25:12 PM

So how come gas is still $3.68 gallon?

**Porshapwr** · Fri, Oct-10-2008, 05:26:37 PM

Quote:

Originally Posted by xs_torque

So how come gas is still $3.68 gallon?

Because the price of oil doesn't directly affect the cost of gas duh. That's only true when prices go up.

Ghozt · Fri, Oct-10-2008, 05:27:26 PM

In NJ it's ~$2.85

Bents · Fri, Oct-10-2008, 05:27:29 PM

Quote:

Originally Posted by Porshapwr

Because the price of oil doesn't directly affect the cost of gas duh. That's only true when prices go up.

LALaw · Fri, Oct-10-2008, 05:29:32 PM

I hope oil goes back to $30 a barrel. Then it will really be funny to see the gas companies argue why they still need to charge $3.35 a gallon.

xs_torque · Fri, Oct-10-2008, 05:31:32 PM

Quote:

Originally Posted by GhostM3JP

In NJ it's ~$2.85

I wish i could say the same here in CA.

xs_torque · Fri, Oct-10-2008, 05:33:04 PM

Quote:

Originally Posted by LALaw

I hope oil goes back to $30 a barrel. Then it will really be funny to see the gas companies argue why they still need to charge $3.35 a gallon.

There was talk on CNBC. That oil prices will most likely dip down to $40 dollars a barrel.

maditalian · Fri, Oct-10-2008, 05:34:21 PM

Quote:

Originally Posted by GhostM3JP

In NJ it's ~$2.85

OMG, screw you JP

its a whole dollar a gallon more over here in DC

Ghozt · Fri, Oct-10-2008, 05:43:12 PM

Quote:

Originally Posted by maditalian

OMG, screw you JP

its a whole dollar a gallon more over here in DC

That suxorz!!!!!!!!!!!!!!

I drive past the gas stations in the morning, and by time I pass them at 6 o clock on my way home from work, the price has dropped a couple more pennies!!! YAY

marv800 · Fri, Oct-10-2008, 05:57:32 PM

Because there are refinery capacities tha affect the price. Also, you need to look at the cost of light sweet crude, as opposed to heavy sour oil. Light sweet crude is cheaper to refine and has higher yields.

Fri, Oct-10-2008, 05:25:12 PM	#1
xs_torque Pushrod Powered Join Date: Dec 2007 Posts: 3,185 Reputation: 0 Location: Land of the fruits and nuts	Oil $80 dollars a barrel So how come gas is still $3.68 gallon? __________________ Da past: 96 993 Carerra--Sold 99 996 Carerra--Sold 05 M3 (SMG) Vert--- Sold 08 Evo X GSR(Blitz drop in filter +Work's tune)--Sold http://i483.photobucket.com/albums/r...8/scan0002.jpg ~~~~~~~~~~~~~~~~~~ Current Stable: 97 Viper GTS (JM stage 3 ported heads+ LSM cam) KW coilovers-Woodhouse adj. front sway bar-Tru Trac differential-19inch Forgeline VR3 wheels http://i483.photobucket.com/albums/r...scan0001-3.jpg 2010 C6Z06 Cyber Gray 3LZ stock motor (PFADT Adj. shocks - Stoptech BBK - Katech,APR aero) 2010 Viper ACR Bright Metallic silver,single striped 1 of 1 Italkart ( 125cc PRD) 2013 Viper soon..

Fri, Oct-10-2008, 05:27:26 PM	#3
Ghozt Phuckface!!!!! Join Date: May 2007 Age: 31 Posts: 12,480 Reputation: 0 Location: illadelph	In NJ it's ~$2.85 __________________

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LALaw Brah Join Date: Mar 2005 Age: 34 Posts: 27,286 Blog Entries: 3 Reputation: 0 Location: 213, 310	I hope oil goes back to $30 a barrel. Then it will really be funny to see the gas companies argue why they still need to charge $3.35 a gallon.

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marv800 Banned for life Join Date: Dec 2002 Age: 11 Posts: 14,156 Reputation: 0 Location: Houston	Because there are refinery capacities tha affect the price. Also, you need to look at the cost of light sweet crude, as opposed to heavy sour oil. Light sweet crude is cheaper to refine and has higher yields.