So, oil shoots to $69 barrel, prices of gas hit $1.27/L. Then, oil falls to $57 barrel, prices of gas drop to $0.83/L. So far, so good. That was over a few months.. Recently, the price (with oil going from $57 to $60/b) went up to $0.99/L. Now, oil has hit $64/b and gasoline is down to $0.93/L. Graph this and it looks pretty odd. We're better off by far than when it was $1.27/L during the last phony "scare" but prices have not yet settled down.
-Rich