Why is gas still so high?

Filed under: Business,Just For Fun |

I read this:

<<NEW YORK -Oil prices plunged to a seven-month low Monday as the Gulf Coast energy infrastructure appeared relatively unharmed after Hurricane Ike and traders bet that Lehman Brothers ‘ bankruptcy could ignite a massive liquidation of commodities.

Light, sweet crude for November delivery fell $5.67 to $95.64 a barrel in pre-market trading on the New York Mercantile Exchange, after earlier dropping to $94.41, the lowest level since Feb. 14.

Crude has fallen more than $50 — or 35 percent — from its all-time trading record of $147.27 reached July 11 as a global economic slowdown continues to weigh on demand for energy. >>

So let me do some math … $4.00 – 35% should be around $2.60 … current gas prices by my house $3.75.  Who is guilty of the rip-off?  Someone somewhere has to be accountable … revolutions start on much smaller issues … time to drive out the crooks.

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