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Northwest Voices

Seattle Times letters to the editor

October 19, 2008 at 4:39 PM

Gasoline prices

Waiting for pigs to fly

Oil closed below $70 a barrel today.

Unless you’re looking for that news, you probably don’t care or didn’t hear that.

Back on July 11 of this year, oil was selling for $147.27 a barrel and gasoline was selling for $4.11 a gallon.

Lets do some quick math here.

If the price of a barrel of oil has dropped by 50 percent, shouldn’t we be seeing gas selling for around $2.05 soon?

We all know how fast the price rises, right? When do you think we’ll see the price drop under $2.50?

Personally, I’m waiting for pigs to fly.

— Steve Drake, Seattle

Comments | More in Economy, Energy, Transportation

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