Broke 0 #26 November 21, 2008 QuoteAlthough I know no one is complaining. Gas prices still aren't keeping pace with the drop in crude prices. When oil was $ 45@barrel 5 years ago, gas was about $1.25 - $1.40@gallon. I am glad I am not the only one who noticed that.Divot your source for all things Hillbilly. Anvil Brother 84 SCR 14192 Quote Share this post Link to post Share on other sites
DrewEckhardt 0 #27 November 21, 2008 QuoteAlthough I know no one is complaining. Gas prices still aren't keeping pace with the drop in crude prices. When oil was $ 45@barrel 5 years ago, gas was about $1.25 - $1.40@gallon. 5 years ago we'd yet to discover that it took average gas prices reaching $3.20 a gallon ($4.50 in some parts of California) to cause a modest 3% drop in gasoline consumption. Prior to that consumption was always increasing. Smart companies price goods where the product of profit per unit and units sold is maximized. Doubling the price while only reducing sales 3% was great for business. Quote Share this post Link to post Share on other sites
