Rising oil prices translate directly to higher gas prices

Comments Off by MobileIQ on March 4, 2011

It’s pretty hard for most people to connect oil prices into something meaningful. After all, what does the difference between $70 and $90 per gallon actually mean to me?
I heard a simple way of understanding it this morning. Every ten dollar rise in the price per barrel costs an additional $.25 per gallon at [...]

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