Joined: Apr 2008
Posts: 538
Gas prices
8/8/2016 at 10:37 PM
have nothing to do with the price of a barrel of oil. The old excuses of oil prices, distance to haul, supply and demand etc. no longer apply.
The price is set by the oil companies at whatever price they want. Government could do something but then they would miss out on income taxes and higher unemployment created by lower prices, so really it is a waste of time worrying about it. Also since it has nothing to do with core inflation rates government don''t really give a s**t.
Edited by Blade, 2016-08-08 22:38:50