DownsizeDCFoundation.org
August 7, 2008
Gas prices haven't risen as fast as oil prices
By Perry Willis

Courtesty of Donald J. Boudreaux at Cafe Hayek . . .

"In 2004 . . . a gallon of gasoline retailed for about $2.00 while a barrel of oil sold for about $33. Today, oil's price is higher by 275 percent while gasoline's price is higher by only 100 percent."

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