I was watching the news this morning and they said oil prices had fallen below $90 a barrel!!! Now I was thinking, since oil was down below $90 a barrel, that gasoline would be a lot cheaper at the pumps because when the price of a barrel of oil would go up, the prices at the pumps Immediately Went Up! But no, even though oil is below $90 a barrel, the prices at the pump are still the same as they were 2 or 3 days ago.

Now here is my gripe, why is it when the price of oil rises, the price of gasoline at the pump rises, almost immediately but when the price of oil falls, the prices at the pump stays the same or takes several days to go down? Just doesn’t make sense to me and that is my Rant of the Day today.

Thanks for listening.

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