Originally Posted by ingwe
If oil topped out at $147....lets say gas topped out at $4


Oil is at $80 now...54% of its high.


Gas is at, lets say $3....75% of its high.


I think maybe we are still getting 'lubed' by the oil companies.....


You have both fixed and variable costs in the production of gasoline. Oil is a variable cost, where the cost of operating the refinery is a fixed cost.

You didn't use logic or reason to get into this opinion, I cannot use logic or reason to get you out of it.

You cannot over estimate the unimportance of nearly everything. John Maxwell