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-   -   Gas price down to $4.25(per U.S. gallon) in Toronto. I feel so privileged. (http://www.autobanter.com/showthread.php?t=374822)

RichA October 25th 12 11:14 PM

Gas price down to $4.25(per U.S. gallon) in Toronto. I feel so privileged.
 
It had risen to $5.04/gal not long ago. Still, with oil at only $85/
barrel and the drop in demand since summer, gasoline should be a LOT
cheaper, like $3.65/gallon, even with the taxes. Meanwhile, the
refiners are crying poverty. So where is the money going? The cost
of production of the oil is low, about $36.00/barrel.


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