A Rant about the Price of Gas, Part II: Live Experiment
Let’s all collectively do a real time experiment regarding my recent post/rant about the price of gas. Facts :
1) Israel attacked Iran last night.
2) Refineries were NOT hit.
3) The Strait of Hormuz remains open
4) according to Google, it takes about 5-7 weeks for oil from the Middle East to arrive in the US
5) as I write this, the price of oil has gone up 8.67 % since yesterday.
How long will it take, and by how much, for the price of gas at the pump go up near you ?
1) Israel attacked Iran last night.
2) Refineries were NOT hit.
3) The Strait of Hormuz remains open
4) according to Google, it takes about 5-7 weeks for oil from the Middle East to arrive in the US
5) as I write this, the price of oil has gone up 8.67 % since yesterday.
How long will it take, and by how much, for the price of gas at the pump go up near you ?
The post A Rant about the Price of Gas, Part II: Live Experiment appeared first on HumbleDollar.
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