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The New DU. Reply #17: What do you think pass the cost on means?
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hobbit709
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Sat May-14-11 10:27 AM
Response to Reply #16 |
| 17. What do you think pass the cost on means? |
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Oil prices are based on 60-90 day future delivery. That's not even counting refining time and delivery to the pump. so why does it go up at the pump the next day. and when oil prices drop it takes 3-6 weeks to drop the same amount at the pump. And every time the oil companies post record profits even though they sell less because people can't afford to buy. Obviously their profit margin has increased. Just because oil prices have jumped up the actual cost of shipping and refining hasn't.
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