Oil Prices Drop- Consumers Continue To Pay More
Oil prices fell on Wednesday to a three month low of $112.31 a barrel before climbing over $3, closing at $116. For the past few weeks, oil has fallen sharply, dropping more then $34 a barrel from the record high of $147 a barrel on July 11.
The decline in oil prices hasn’t made its way to the pumps.
Unfortunately the dramatic drop in oil prices hasn’t made its way to the consmers at the pumps. Prices ranging from $1.23 a liter in Toronto Ontario to $158.9 a liter on Salt Spring Island in British Columbia.
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Two months ago, the Dow was up twice that level but took a tumble in May fall sharply in June and beginning to bounce back in July. Caitlyn Prices