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Message
Posted on 2/11/15 at 12:01 pm to Topwater Trout
quote:How convenient.
i am guessing they rise quicker than they fall.
Posted on 2/11/15 at 12:10 pm to Topwater Trout
quote:up like a rocket, down like a feather.
never really paid attention but do the prices rise and fall at the same rate? i am guessing they rise quicker than they fall.
Posted on 2/11/15 at 1:09 pm to Topwater Trout
quote:
never really paid attention but do the prices rise and fall at the same rate? i am guessing they rise quicker than they fall.
Generally speaking, declining oil prices are more gradual than the increases, and that is often reflected in the price of gas as well.
That being said, according to AAA, the national average is up to $2.21 after bottoming out at $2.04 in late January - a gain of 8.33%. In that same time period - including the losses the last few days - oil is up approximately 11%, and was up as much as 19.38% as of Friday.
It appears to be pretty fair and reasonable to me, and if anything, it is increasing slower than oil has risen.
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