Forum Discussion
rlw999
Mar 09, 2022Explorer
ferndaleflyer wrote:
I have several oil and gas leases. Explain to me why my oil production check for 3 wells went down $160 last check while the pump price is going up way faster than it should. Somewhere down the line someone is making a killing.
Kind of how prices at the gas station go up as soon as crude prices go up -- while the gas they've had in their tanks for 2 days didn't come from that expensive crude, and the gasoline that they'll get tomorrow didn't get refined from that expensive crude. And oddly, when crude gets cheaper, prices don't come down as fast as they went up. Someone's making that profit.
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