Prices at the pump don't add up

In 2008, the price of Alaska crude oil was $144.00.  And going through my gas log in my car, my wife had a 25 year gas log on the motor home which went all over the United States and Canada. My highest price for a gallon of gas at this time, was $4.74 at Fred Meyers in Soldotna.

Now 2012, the price of Alaska Crude oil is $122.00, $22.00 dollars a barrel less,  and the price in Kenai today was $4.57.

This creates a great discrepancy in what happens with the $22.00 difference in a barrel of oil from 2008  and only difference of 20 cents a gallon at the pump. $22.00 less in price of crude is a huge difference, unexplainable to me.  At $144 dollars, I would have guessed about maybe $5.50 to $6.00 should have been the price in 2008.

I don't know about you, but I feel the American people are being taken to the whipping post and yet big oil say that they can't produce under the present tax system and the sad thing is that the Governor, an oil person, and a few others want to give them a much larger profit?

How many people think any of us will get a reply on this?

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Thu, 02/23/2017 - 21:40

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