Why does the gas price stay the same?
By icearnett
@icearnett (6)
United States
December 31, 2006 6:55am CST
When a company like Conoco buys their oil to make gas, they buy alot of it. Enough to last one family many gererations. So when the cost of oil goes down after the big purchase, the middle-company has to keep thier price above their profit margin to stay in the positive. Basicly it would take a while to feel any benifit of oil priceing decrease.
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