today, 2 dollars a barrel. this will translate into share appreciation. explains why airlines not down big today even though broad market was down big. if oil keeps sinking watch another leg up for airlines.
Explain to me first why I'm paying $4 at the pump then? It's called crooks. Nothing has been done about this insanity/theft by big oil for decades. I say just start hanging people. High noon preferably.
Four bucks is high ... I guess it depends where you are. Some states have raised their gas tax ... many different mandated summer blends ... and brent hasn't dropped that much. Refineries using WTI priced oil are making a killing. I crossed over three states this weekend ... $3.29 for regular.