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View Diary: Addicted to oil (160 comments)

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  •  Actually, the price of petrol fell due to (0+ / 0-)

    the Greek trouble.

    Iuris praecepta sunt haec: Honeste vivere, alterum non laedere, suum cuique tribuere. - Ulpian, Digestae 1, 3

    by Dauphin on Fri May 07, 2010 at 11:51:27 AM PDT

    [ Parent ]

    •  Yep, but theres a lag (1+ / 0-)
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      Dauphin

      Gas was rising at the pump during the oil spill because of the run up to $85+ oil before the spill.  Quit blaming the Greeks, don't they have enough troubles? :) Not exactly sure what's put the scare in the oil markets, but it'll be reflected in the pump soon.  The PIIG thing has got a little more time to play out before the oil markets really hit the skids (temporarily).

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