0
Oil reached $97.00 a barrel in 2008. That year, the average price for a gallon of regular gasoline was $3.27
Wiki User
∙ 13y ago
Wiki User
∙ 16y agoR5.50
Add your answer:
Earn +20 pts
Why are gas prices rising when oil is falling?
There is no logical answer to this question. Gas at my local Arco was $1.55 when oil was $45 a barrel. Now oil is $36.00 a barrel and gas has risen to $1.99. This is a clear case of price fixing and manipulation. The oil companies are hoping we are so happy with sub $4.00 gas that we wont notice the sneaky ratching up the the price when it should be falling. Based on my calculations gas should now be $1.24 a gallon or 34.45% of the price of a barrel of oil.
What is the price of a barrel of oil?
As of September 1, 2012 the price of a barrel of oil is $96.48. To see the current price of a barrel of oil see the related link below, which gives the current price of oil.
What was the oil price per barrel in 2003?
The average price for a barrel of crude oil in 2003 was $27.56
Cost of a barrel of oil in 1995?
The average price for a barrel of oil in 1995 was: $16.75
What was the price of oil in 1992?
The average price of a barrel of crude oil in 1992 was $15.99
What was the price of gas the last time oil was 70 a barrel?
In December 2009, the price of crude oil was $70.53 per barrel.
Why are gas prices rising when oil is falling?
There is no logical answer to this question. Gas at my local Arco was $1.55 when oil was $45 a barrel. Now oil is $36.00 a barrel and gas has risen to $1.99. This is a clear case of price fixing and manipulation. The oil companies are hoping we are so happy with sub $4.00 gas that we wont notice the sneaky ratching up the the price when it should be falling. Based on my calculations gas should now be $1.24 a gallon or 34.45% of the price of a barrel of oil.
Price of gas last time oil was 80 a barrel?
Crude oil was $79.32 a barrel in October 2007. That month, the average price for a gallon of regular gasoline was $2.793
What is the price of a barrel of oil?
As of September 1, 2012 the price of a barrel of oil is $96.48. To see the current price of a barrel of oil see the related link below, which gives the current price of oil.
What was the price of oil October 2007?
It jumped to $90 a barrel and gas followed from 2.77 to 3.00
What was the average price of a gallon of gas in 1995?
In 1995 the average price of gas per gallon was $1.11. Oil was an average of $16.75 per barrel for the year.
What was the oil price per barrel in 2003?
The average price for a barrel of crude oil in 2003 was $27.56
Price of oil per barrel in 2000?
The average price for a barrel of crude oil in 2000 was $27.39
Cost of a barrel of oil in 1995?
The average price for a barrel of oil in 1995 was: $16.75
What was highest oil price 2008?
The price of a barrel of crude oil reached its highest 2008 price in the month of July when it hit $128.08 per barrel.
How big is a barrel of oil you always see the price of a barrel of oil but how big is a barrel?
The oil in those barrels is crude oil. They hold 42 gallons.
What was the price of oil in 1992?
The average price of a barrel of crude oil in 1992 was $15.99
