Oil prices tumble in biggest weekly drop ever
Jul-20-2008 By Kevin Bussey
[AP]
The price of oil recorded its biggest weekly drop ever, and a gallon of gas finally pulled back from its record high. So is it time to declare the energy bubble popped?
Read about it here.
[From me]
Where is the biggest drop in gas prices? When crude goes up the price at the pump goes up immediately. Why don’t thy drop the price now that they had the biggest drop ever?
What do you think?
Answer to your question: one word…GREED. When oil companies are making billions in profits (under the guise of research) and still raising the price of gas knowing we can’t do much about it, that spells GREED. Meanwhile, I am still sticking with my 26-30 mpg Mitsubishi Outlander. I will not stick my 6′5″ frame in a Cobalt, Civic or any other mini-car.
Bill(cycleguy)’s last blog post..Sunday Afternoon Meanderings
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