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Politics : Formerly About Advanced Micro Devices
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To: Road Walker who wrote (372696)3/4/2008 9:32:29 AM
From: HPilot  Read Replies (1) of 1572223
 
That chart was for crude oil not pump gas, but I doubt commodity prices of gas would properly reflect the price at the pump. If pump prices were 500% then I would have been paying only $0.50 at the pump in 1999. But I was paying about a dollar, so now at about $3 that is a 200% increase. Commodity prices are not the real price but a futures option price, the real price is usually a bit lower, the real price often includes tax's which often goes down percentage wise as prices go up.
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