first of all you dont get 42 gallons of gas from a barrel of oil... you get 42 gallons of crude oil.... that is then refined into numerous products.......
AND .... many people profit from a barrel of oil before you ever see it at as gasoline at the pump....
a-- some one had to find it
b-- some one had to pump it out of the ground
c-- it had to be transported...probably several times.. maybe half way around the world
d-- then it has to be refined ( into many products not just gasoline )
e-- then it has to be transported again... probably several times
f-- then YOU might get to pump it into your car....
AND remember at every point above somebody or division of some company provides that service and makes a profit.......
Second gas is down about 65 cents a gallon in my area.....
I suspect it will linger around the 100 dollar mark for awhile.... we will just have to what and see...
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