U.S. Mission in the Gulf
- Share via
The price of crude oil tumbled more than $5 on Oct. 22, off almost $10 from its high of $40!
How much do you want to bet that the price of gasoline at the pump will follow the price of crude tomorrow at the pump in about the same ratio that it has gone up since the Iraqi invasion?
This proves the theory that what goes up, can (and in the case of gasoline) and does stay up. Economics I by Exxon.
SAM KAPLAN
Laguna Hills
More to Read
Sign up for The Wild
We’ll help you find the best places to hike, bike and run, as well as the perfect silent spots for meditation and yoga.
You may occasionally receive promotional content from the Los Angeles Times.