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To: Enlightened1
Thus, the price of a barrel went down just shy of 75%. Why has the price per gallon not got down about 75%?

Because the taxes didn't fall 75%. The cost to refine didn't fall 75%. The cost to distribute and market didn't fall 75%.

The price of gasoline doesn't rise as much as oil, and it doesn't fall as much either.


15 posted on 11/19/2015 2:22:25 PM PST by thackney (life is fragile, handle with prayer)
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To: thackney

Wait a minute the TAXES and the cost of REFINEMENT is a PERCENTAGE per barrel and not a adjustable rate.

The only logical conclusion I can come up with is the depreciation of the dollar since the Fed is adding 85 Billion in NEW DOLLARS every month.


16 posted on 11/19/2015 2:29:17 PM PST by Enlightened1
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To: thackney
Here is a longer chart and ends in 2011, but at least you can get an idea of the timeline.


17 posted on 11/19/2015 2:32:41 PM PST by Enlightened1
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