Letter: Oil’s down, gas is up — why? | PostIndependent.com

Letter: Oil’s down, gas is up — why?

I am confused about gasoline prices and the market value of oil, and maybe someone can answer this question. Earlier this week, oil was trading at $43 a barrel. Lowest price in many years. The news also said we could see oil at $20 to $30 a barrel in the future.

Last weekend in Glenwood, gasoline went up 13 cents a gallon overnight to $3 a gallon. Is this the oil companies one last chance to screw us with the onset of the Labor Day holiday?

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