Obummer has appointed racist IL congressman Rahm Emanuel, here in September, as his chief of staff, the first senior official to join the next administration.
I finally saw gas under $2. It was for 1.96... Im liking it!
K. Monroe 07 Nov 2008, 6:50 a.m.
Hi Kyle, I would feel better if it were down around 90 cents a gallon where it belongs but I will settle for what we can get!
MjL 07 Nov 2008, 7:22 a.m.
Actually, I calculated it out and one gallon of gasoline costs $1.96 to produce/transport right now. $1.45 of that is the cost of simply purchasing the barrels of crude ($61.04 per barrel right now, with 42 gallons in each), and then it costs roughly $.24 to refine and $.27 to transport. Anything on top of that is taxes. In order for gas to get back down to $.90 a gallon like you think it should be, youre going to have to convince OPEC to give us enough oil to drop the cost per barrel of crude down to $20. And to think, I hate math . By the way, gas here is still $2.40, so consider yourselves lucky