Quote:
Originally Posted by mwebb
the question is
why is the price still so high
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This is a low(ish) price period with a barrel around 100 USD.
It's been over 150 USD / barrel, remember mid-2008 ?
Just wait for the economy to catch on again, and demand to rise again.
Dunno about the US, but fuel prices are near record levels here - despite the cheap crude.
Extra taxes, and the falling Euro are the reason for the price hike at the pump.