Rising gas prices not from Libyan unrest?
Rising gas prices not from Libyan unrest ?
I have a question I hope someone can answer. First a little background. When Iraq invaded Kuwait, within 24 hours gas prices went up substantially. Then after 100 hours, oil companies told us there would be a six month lag before prices would go down because of the oil in the pipeline.
Then my question was why it only took 24 hours for the oil to get from Kuwait to the pumps and six months to get through the pipeline.
Now since the people of Libya are trying to oust a tyrannical dictator, gas prices are already going up.
How much oil d...