Wholesale — that’s wholesale — gasoline hit $4.85 today, up from $3 Tuesday because the refineries in southeast Texas are closed and aren’t making any gasoline for now.
That’s wholesale — four-eighty-five a gallon.
But the price of crude oil is down to near $100 you say. How can that be?
Because the southeast Texas refineries are closed. They aren’t buying any crude oil because they aren’t using what they have because they aren’t making any gasoline.
And I gloated the other day about my $3.79 gas that is no longer $3.79….tis $3.85 today.