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Old 07-03-2008, 07:41 PM   #58 (permalink)
Gotti McCarran

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Quote:
Originally Posted by Goat Meal View Post
Yet it's still $3.93/gallon for unleaded here in St. Louis. It hasn't went up very much in the last two weeks. I really don't get what drives up gas prices. I hear supply/demand, then speculators, then black magic. It's all too confusing.
Dude, because the gas you are pumping was likely bought 2 weeks ago. Every 2-3 weeks there is a slight increase. 2 weeks after the last move down from 137 to 123 I think it was gas was getting a lot cheaper at the pump for like 1-2 weeks. In the long run it goes up just as the oil price does slightly trailing it to be exact.
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