OIL PRICES (CONT.)

As I write this, WTI (West Texas Intermediate) oil is selling at $48.85 a barrel.

That is 20% less than the $61.05 of June 23th – exactly one month ago..

NOW why are gas prices within just a few cents of where they were on June 23th?

Unless you happen to own a lot of oil stock, if you are not outraged by this you should be.

Leave a Reply

Your email address will not be published. Required fields are marked *