Oil dropping like a rock.

[multigraincracker]

Down to $98 a barrel overnight. Thanks Joe.

[SunSeeker]

1. K & R

[left-of-center2012]

2. Down from what?

How much did it drop?
I have not been following the price.

[multigraincracker]

3. Down from $123 a couple of weeks ago.

[iluvtennis]

4. But will the oil companies reflect the requisite change in pump prices?

Hope so, but oftentimes greed wins out.

[TexLaProgressive]

6. It appears that the price at the pump rises immediately when oil rises.

But when the price of crude falls, the price stays up until the cheaper fuel works through the system. This is definitly price gouging. Either the price should immediately go up and down tied to the price of Brent crude, or the price up or down should be delayed as it works through the system.

[Norbert]

5. It was hovering around $101-$102 yesterday afternoon

but dropped significantly from Wednesday, thinking around $5.00 if my memory is correct.

[Achilleaze]

7. Thanks, Joe

I'm sure the Republicans will thank him for what he is doing for America.

Oh, wait, I forgot. Republicans piss on everything good for America.

[Oldtimeralso]

8. This just proves my GQP niece right.

She insists that Joe controls the price of gasoline?

[barbaraann]

9. Controlling and having some impact are two different things.

Your niece is not right.

[tirebiter]

10. Source? Not that I don't implicitly trust an unnamed source on the inter web

[multigraincracker]

11. CNN business, pre market web site.

Now at $99

[Achilleaze]

12. "What a guy! Thank you Joe & Dems" - KGOP Republicans

[OneBlueDotS-Carolina]

13. As of 15 mins ago...

WTI Crude 98.66 -1.58 -1.58%