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Midnight Writer

(25,310 posts)

2. In addition, it takes weeks for oil from the Gulf to be processed and sold as gasoline at the pump.

Reply to LilElf70 (Original post)

Sun Mar 15, 2026, 12:36 PM

Yesterday

This is a big windfall for the oil and gas industry.

Oil they bought at $60 per barrel is being sold to consumers priced as if it was oil bought at $100 per barrel.

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Kid Berwyn

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90 cent increases in 2 weeks? Really? Why? [View all] LilElf70 Yesterday OP

Really Why? gab13by13 Yesterday #1

In addition, it takes weeks for oil from the Gulf to be processed and sold as gasoline at the pump. Midnight Writer Yesterday #2

Several Countries Are Tapping Their Reserves ProfessorGAC Yesterday #3

That's only a short term fix gab13by13 Yesterday #7

Of Course ProfessorGAC 23 hrs ago #10

Simple: Retail gasoline prices are set by station owners. MineralMan Yesterday #4

Rockets and feathers. n/t flvegan Yesterday #6

I will agree with one thing LilElf70 Yesterday #5

Because it's not "our" oil, it belongs to corporations, the government makes some money on leasing the land AZJonnie Yesterday #8

$$$ themaguffin Yesterday #9

Because oil is traded on the world market. Raftergirl 23 hrs ago #11