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lower prices

20 Aug

I always thought lower prices was a good thing.  Sure it means lower profits for the wealthier.  Or it should, anyway.  Crude Oil is down to almost $40/barrel.  Hasn’t been that low for a long time.  And one would think that the price of gasoline would follow.  But such is not the case   Gasoline prices have dropped just marginally, compared to the dramatic reduction in the price of crude oil  I read a financial article yesterday that said gasoline producers are making record profits.  Somehow, this just does not seem right or fair.

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Posted by on August 20, 2015 in Uncategorized

 

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