The internet new wires are fill of conspiracy theorms etc on oil hitting $50..
How on earth could pumps be expected to drop their prices in tandem with movements in crude prices when they paid much higher prices for the stock they purchased 2-4-6 weeks ago?
Oil has been hovering around $100 a barrel for 4 weeks now-but we haven't seen these decreases at the pumps.
Oil has been hovering around $100 a barrel for 4 weeks now-but we haven't seen these decreases at the pumps. What annoys me more though, is the increase in Gas and ESB which our 'regulator' sanctioned. Petrol stations are a business after all, and will charge what they can get away with. The 'regulator' is supposed to be impartial, and also supposed to have some reasonable level of IQ.
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