cool things with wheels, since 2006
Oil is bought and sold based on futures and long term contracts not instant price. So the oil that you use today was purchased a long time ago on a price agreed on back then. If oil prices stay up long enough thats when gas starts to go up in price. Also since you cant buy oil years in advance refineries tend to stock up on it when its cheap. Well you could technically buy it years in advance...but it would be a ridiculously huge gamble!
It sure isn't the gas station owners. I know one, and he's kinda in the same place as farmers. The ones who do the work don't make the money.ClassicDragsters.com