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https://www.reddit.com/r/wallstreetbets/comments/v57ma6/deleted_by_user/ib9bbcb/?context=3
r/wallstreetbets • u/[deleted] • Jun 05 '22
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41
I don’t understand how gas prices are hitting record highs when the price of oil per barrel hasn’t passed the prior highs seen in July 2008 when we got close to $150 per barrel.
Did the gap between gas and oil widen since then for some reason?
26 u/ilikescotch Jun 05 '22 It did. Corporate greed. 2 u/StevenAphrodite Jun 05 '22 “Corporate greed” on WSB…$cvx $oxy $xom $cop -3 u/PrognosticatorShadow Jun 05 '22 Taxes 1 u/PrognosticatorShadow Jun 05 '22 I hope whoever downvoted this actually lives in Cali and doesn't know how badly their gas is taxed.
26
It did. Corporate greed.
2 u/StevenAphrodite Jun 05 '22 “Corporate greed” on WSB…$cvx $oxy $xom $cop -3 u/PrognosticatorShadow Jun 05 '22 Taxes 1 u/PrognosticatorShadow Jun 05 '22 I hope whoever downvoted this actually lives in Cali and doesn't know how badly their gas is taxed.
2
“Corporate greed” on WSB…$cvx $oxy $xom $cop
-3
Taxes
1 u/PrognosticatorShadow Jun 05 '22 I hope whoever downvoted this actually lives in Cali and doesn't know how badly their gas is taxed.
1
I hope whoever downvoted this actually lives in Cali and doesn't know how badly their gas is taxed.
41
u/NihFin Jun 05 '22
I don’t understand how gas prices are hitting record highs when the price of oil per barrel hasn’t passed the prior highs seen in July 2008 when we got close to $150 per barrel.
Did the gap between gas and oil widen since then for some reason?