Letter: Oil companies taking advantage of consumers


First Posted: 1/19/2009

Well, I hope you people see what the prices of gas and oil are. Let's start with oil. The price of a barrel of oil Jan. 12 was $37.56 a barrel. Gas was selling more than $1.90 a gallon.

I have noticed that, as the price of a barrel of oil goes up to $45 a barrel, the price of gas goes up 15 to 25 cents in less than 10 hours. But when the price of oil goes down, the price of gas goes down only two or three cents in a week.

Just like when the barrel of oil went down to $35, the price of gas was down to $1.41 a gallon and that took almost five weeks. Then the price of oil went up and it took less than ten hours to go up 22 cents.

What we have to do is don't buy gas for just one day and see how they like it when there is no money. I don't blame the gas stations. I blame the oil companies.