Since oil has been close to $100 a barrel, when will gas prices follow?

[Bill]

I don't understand how this works. If oil prices were $60 6-months ago and now the price is close to $100, shouldn't gas prices be $5 a gallon?

How...

[Philip]

I don't understand how this works. If oil prices were $60 6-months ago and now the price is close to $100, shouldn't gas prices be $5 a gallon?

How...

Shhhhhhhhh! They haven't noticed yet.

[Jdudley13]

It takes a little bit of time for the changes to really take effect. The price of oil, while a major part, is still only a part of the cost for gasoline at the pumps. Supply and demand also plays a major role so when travel is more frequent you see the effect on gas prices where as in the winter travel is down. I would look for a small jump around the X-mas holiday.

[Justin]

Shhhhhhhhh! They haven't noticed yet.

LOL yeah who knows!

[88e28]

It does Suck, For all my trucks it costs $500.00 per fill lasts only 2 days. Going to get the money back with a fuel surcharge in 2008.

[mistertripps]

it costs $500.00 per fill

OUCH!!!! Major :money:

[88e28]

Glad I do specialized hauling.