ok, i just don't get it at all..

i admit, i am not the sharpest pencil in the box, nor will I win any nobel prizes anytime soon…

however, I think I can do simply math…at least I used to be able to, so let's see what we can get here…

3 weeks ago:

barrel of oil = $120.38

gallon of gas = $3.30

today:

barrel of oil = $99.60

gallon of gas = $3.55

some simple algebra provides this equation:

120x = 99 X 3.30

120x = 326.7

x = 2.72

so according to "math" gas should be 2.72 a gallon…

anyone paying that????

so, somehow, while each barrel of oil has dropped $20 yet, gasoline has risen some $0.25 a gallon…

maybe I just missed something, or maybe it is the "oil math" i keep hearing about…

either way, i call it robbery and price gouging.

of course, you can't ever prove either when it comes to big oil…

and no, W is NOT to blame for this one…

i doubt very seriously that someone who the majority of America believes can't tie his shoes by himself has enough power to control how much a barrel of oil costs…

or a gallon of gas…

i am just not buying that one…

There is no such thing as simple Algebra.

1. I took “math” for engineers, and I don’t know what you wrote in that equation, but I’m tired.

2. It’s never that simple.

Here’s the ‘official governemnt’ version:

http://www.eia.doe.gov/bookshelf/brochures/gasolinepricesprimer/