Crude oil at $118/barrel this morning (20% less than the recent peak.)
Regular unleaded $3.88/gallon, national average (5% less than the recent high...)
Delta Airlines starts charging the exorbitant fee for checked luggage today because of rising fuel prices.
US Air started charging $2 for water in economy on domestic flights today because of rising fuel prices.
All the above companies (and, of course, Exxon/Mobil) will tell ya that it takes time (like months or years...) for the retail to follow any decrease in crude oil prices because of the "future" nature of oil contracts. Takes time..? Really??? The pump prices rise almost instantly after crude oil moves up even by a cent on a barrel! I wonder why...
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