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How Long Will It Take For The Price Of A Gallon Of Regular
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09-21-2012, 01:25 PM
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Shiplyopidomi
Join Date
Oct 2005
Posts
477
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Your forgetting one thing, my cousin works for an Oil Company in Qatar and i frequently ask him how come a barrel of crude costs $89 and when i try to fill up my car it costs me $70 why can't i just buy the barrel of crude instead since there is a huge difference. The answer is simply this depending on the country and the agreement they have with Oil producing firms, we keep forgetting that crude (Black Substance); is the raw material they then process that into Petroleum which is Light Pink in color & LPG. Therefore we are paying the costs to refine the crude into Super Petrol, Jet Fuel, and D2-Diesel. Then there is the line of credit some countries pay depending on their agreement with the Oil companies we also have Loans countries owe these Banking Giants such as IMF, World Bank that determines the price they are places were they pay 50 cents U.S per liter and they are still complaining.
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