oil prices

Oil Prices Hit 8-Month Low, Will Relief Reach Us?
Oil Prices Hit 8-Month Low, Will Relief Reach Us?
Oil Prices Hit 8-Month Low, Will Relief Reach Us?
8 months ago, the price of a barrel of crude oil was selling on the commodities market for around $140. Today, the price of that same barrel of oil is just a little above $81. So why are prices at the pump not falling in proportion to the price of oil?