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Originally Posted by NT_VlaD
Yeah....
And ?
They were drilling, pumping,refining,distributing it for the same costs 6 months ago...
If a 10% increase in barrel cost equates to an INSTANT 10%+ increase at the pump a 10%+ decrease should be more than 4 or 5c....
Its bullshit as usual....
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Ah but when oil prices rise, so do transport costs for oil, which makes oil products more expensive. When oil prices drop, petrol prices don't drop 'cos it costs petrol to transport said petrol products.
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