Replies

To: KLFuchs

Oil is at about $124.00 a barrel, a drop of about $22.00 USD, that equates to about a $0.55 per gallon drop in the price of gasoline.

4 posted on 07/24/2008 5:27:23 AM PDT by stockpirate (Be a maverick like McCain. Go against anything he wants us to do.)

To: stockpirate

We’ve seen a .10-.12/gal retail drop in SW WI. I’ve noticed the .50-.55/gal drop in the gasoline futures and an .18/gal drop in propane futures.

Is there a rule of thumb to calculate the relationship between RBOB/retail gasoline?

17 posted on 07/24/2008 6:27:24 AM PDT by reformedliberal (Capitalism is what happens when governments get out of the way.)

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