You know how when the price of oil falls, it takes several days - if not weeks - for the price of gas to drop at the pump?
Today, the price of oil went up $25/barrel for a time in reaction to the U.S. government's bailout of that country's mortgage, insurance and banking industry.
But don't bother rushing to fill up your car just yet, because I'm sure it will take several days for the oil spike to funnel down to the gas pump. Riiiiiiiight.
Get ready to be insulted as the oil companies' talking heads are no doubt lined up ready to give interviews on how their immediate increase at the pump (do I hear $1.50/litre tomorrow anyone?) is totally different and unrelated to their slow reaction when oil drops.
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