05-22-2009, 06:15 AM
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Canadian Gashole
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Join Date: Mar 1999
Location: Quebec, Canada,
QC
Cobra Make, Engine: Johnex 427 S/C, 351W, 472 HP, 444 lbs. torque
Posts: 2,455
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Not Ranked
The selling price of gasoline is not directly tied to the cost of oil but there certainly is a link. It is also a good excuse for the oil companies to increase the price of gas.   
One of the reasons for the cost of oil increasing is that the USD is tanking compared to most major currencies. The US government cannot continue to spend billions (trillions) of dollars more than it takes in without the value of the currency falling.
Wayne
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