6/11/2003

From the "What the Fuck?" department: Iraq is starting to sell oil. Yet, gas prices around here are at $1.57 a gallon. I'm not an economics major, but my education level has gone beyond the first grade. So, uhm, if we have more supply and the demand hasn't changed, shouldn't we, uhm, see a drop in prices? Uhm, duh? I mean, I'm feeling really stupid here. How come gas prices are still astronomical when there's more oil on the market?