ok. . .so oil is down to $60.00 a barrel. And where I live gas is still $2.30 a gallon.
Well if we just do some simple math--
A few months ago (July to be exact) oil reached it's high point of $140 a barrel, and gas was selling for $4.50 or so a gallon. If oil is now down to $60.00 (as of the close of business today) then the math should go something like this:
4.50 = X
----- ----- 4.50x60=140x
140 60
270=140x
270 = x
-----
140
x = 1.92857
You can see where this is going. Now I know that there are taxes added in and all that, but nearly $.40 in taxes per gallon. I don't think so.
I find it interesting that the price of a gallon of gas does not seem to go down at the same ratio as the barrel of oil. We all know what that means, right? Yeah, the oil companies, well gas stations, are making more money per gallon of gas.
So, once again I beg everyone to "vote" with their wallets. Keep conserving gas, walk if you can, public transportation if you have it. Car pool at the very least. It is obviously working.
Like I said. . .just some simple math.
Thursday, November 6, 2008
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2 comments:
It's $1.98 here.
That's so wrong!!!! Why am I still over $2.00?!! And it's still $2.20. I am getting angry!
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