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Price of oil drops nearly $20 in a week

Gas stations in our area finally drop the price below $4/gal. Just saw it at $3.89 at 86th and Michigan about an hour ago; it was still $4.05 yesterday (and still $4.14 in Nora this morning).

They're quick to raise it when the price for oil that's not even in the pipeline yet goes up, but not quite so fast to lower it ditto.

BTW: Thanks, President Bush, for revoking the executive order on Monday that led to this. Not that any of the drive-by media have noticed cause and effect.

Posted by Nathan Brindle on July 20, 2008 7:00 PM |

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This page contains a single entry from the blog posted on July 20, 2008 7:00 PM.

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