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Here is a interesting historical chart of the price of a Barrel of Oil.

Total B.S. on how the price of Oil can sky rocket in one day on Wall Street even though it takes 6 weeks before it gets to the gas pump. Total B.S.

1 posted on 04/07/2011 9:07:34 PM PDT by Sprite518
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To: Sprite518

Here is the link,

http://www.ioga.com/Special/crudeoil_Hist.htm


2 posted on 04/07/2011 9:08:13 PM PDT by Sprite518
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To: Sprite518

Oil prices are determined by the futures market. Only a few countries have the market power to set oil prices by adjusting their oil production, and one of them is NOT the United States.


5 posted on 04/07/2011 9:42:06 PM PDT by haroldeveryman
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