The Herald of Everett, Washington
Customer service  |  Subscribe   |   Log in or sign up   |   Advertising information   |   Contact us
HeraldNet on Facebook HeraldNet on Twitter HeraldNet RSS feeds HeraldNet Pinterest HeraldNet Google Plus HeraldNet Youtube
HeraldNet Newsletters  Newsletters: Sign up  Green editions icon Green editions
Big oil


Drop in price never trickles down

SHARE: facebook Twitter icon Linkedin icon Google+ icon Email icon |  PRINTER-FRIENDLY  |  COMMENTS
Published:
There was some great news at the end of trading on Wall Street Friday. The price of oil has dropped 3 percent this week. Since July, the price has actually dropped almost 5 percent.
I am confident the price of gas will drop at least 30 cents per gallon at the pump next week just as it went up 30 cents per gallon in June when oil prices skyrocketed.
Well, I just woke up from my dream and sadly remembered that is not exactly how it works with the big oil companies. Oil prices go up and the price at the pump goes up. Oil prices come down, and oh, so sorry, we have to shut down some refineries for maintenance so prices at the pump will have to remain up.
Welcome to corporate America.
Dean Zevenbergen
Marysville

More Letters Headlines

NEWSLETTER

HeraldNet Headlines

Top stories and breaking news updates

Calendar

Share your comments: Log in using your HeraldNet account or your Facebook, Twitter or Disqus profile. Comments that violate the rules are subject to removal. Please see our terms of use. Please note that you must verify your email address for your comments to appear.

You are logged in using your HeraldNet ID. Click here to update your profile. | Log out.

Our new comment system is not supported in IE 7. Please upgrade your browser here.

comments powered by Disqus