• KaChilde@sh.itjust.works
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    1 hour ago

    There is no way the prices are dropping. When the price of fuel tipped over $1/L here, it just became the new baseline. The base price now is $2.20/L, and even if the price of oil in general drops, I can not fathom businesses going below that new baseline once people become accustomed to the cost.

  • blattrules@lemmy.world
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    6 hours ago

    OPEC doesn’t let the gas prices fall nearly as fast as they went up, so once the war is over, it’s still going to be a while.

  • CharlesDarwin@lemmy.worldOP
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    9 hours ago

    Doesn’t Donvict have a promise about perfect oil prices in “two weeks”?

    Anyway, what’s that old chestnut? Oil prices go up like a rocket and fall like a feather?