Cheap oil? Not at these places - Fox29 WFLX TV, West Palm Beach, FL-news & weather

Cheap oil? Not at these places

  • Fox 29 Daily HeadlinesMore>>

  • Trump calls sketch released by Daniels 'a total con job'

    Trump calls sketch released by Daniels 'a total con job'

    Wednesday, April 18 2018 7:01 AM EDT2018-04-18 11:01:34 GMT
    Thursday, April 19 2018 9:33 AM EDT2018-04-19 13:33:47 GMT
    (Michael Avenatti via AP). This artist's drawing released by attorney Michael Avenatti, purports to show the man that the adult film actress Stormy Daniels says threatened her in a Las Vegas parking lot in 2011 to remain quiet about her affair with Pre...(Michael Avenatti via AP). This artist's drawing released by attorney Michael Avenatti, purports to show the man that the adult film actress Stormy Daniels says threatened her in a Las Vegas parking lot in 2011 to remain quiet about her affair with Pre...
    Trump says a porn actress is pulling "a total con job" by promoting an artist's sketch of a man she says threatened her to keep silent.More >>
    Trump says a porn actress is pulling "a total con job" by promoting an artist's sketch of a man she says threatened her to keep silent.More >>
  • Facebook adds privacy settings to comply with European rules

    Facebook adds privacy settings to comply with European rules

    Wednesday, April 18 2018 5:33 AM EDT2018-04-18 09:33:47 GMT
    Thursday, April 19 2018 2:25 AM EDT2018-04-19 06:25:34 GMT
    (AP Photo/Matt Rourke, File). FILE - In this May 16, 2012, file photo, the Facebook logo is displayed on an iPad in Philadelphia. A propaganda expert who has studied Cambridge Analytica says the company helped Donald Trump’s presidential campaign use f...(AP Photo/Matt Rourke, File). FILE - In this May 16, 2012, file photo, the Facebook logo is displayed on an iPad in Philadelphia. A propaganda expert who has studied Cambridge Analytica says the company helped Donald Trump’s presidential campaign use f...
    Facebook is introducing more privacy safeguards to users in Europe to comply with new rules meant to make it easier for consumers to give and withdraw consent for the use of their data.More >>
    Facebook is introducing more privacy safeguards to users in Europe to comply with new rules meant to make it easier for consumers to give and withdraw consent for the use of their data.More >>
  • Cosby's star witness says accuser spoke about plot to frame

    Cosby's star witness says accuser spoke about plot to frame

    Wednesday, April 18 2018 1:21 AM EDT2018-04-18 05:21:55 GMT
    Thursday, April 19 2018 1:27 AM EDT2018-04-19 05:27:38 GMT
    (AP Photo/Matt Slocum). Bill Cosby departs after his sexual assault trial, Tuesday, April 17, 2018, at the Montgomery County Courthouse in Norristown, Pa.(AP Photo/Matt Slocum). Bill Cosby departs after his sexual assault trial, Tuesday, April 17, 2018, at the Montgomery County Courthouse in Norristown, Pa.

    Prosecutors are expected to read a transcript of the 2005 testimony, saving for the very end of their case Cosby's own words about using the 1970s party drug "the same as a person would say, 'Have a drink.'"

    More >>

    Prosecutors are expected to read a transcript of the 2005 testimony, saving for the very end of their case Cosby's own words about using the 1970s party drug "the same as a person would say, 'Have a drink.'"

    More >>

Oil prices have collapsed in recent months, plunging from a high around $100 a barrel down to $30.

That's great news for us at the gas pump (though prices are edging up a bit again).

But have you noticed? Prices haven't dropped on many products made with oil.

Where's the Savings?

With the price of gas below $2 this winter a fill-up costs almost half of what it did a few years ago.

Airlines are also enjoying cheaper fillups of their big jets.

But airfares haven't fallen much. Hmm.

Tire manufacturers blamed high oil prices for their recent price hikes,sending an average tire well over $100 the past few years..

But tire prices haven't fallen.  Hmm.

And the price of motor oil in the auto parts store jumped to $6 and $7 dollars a quart the past few years.

But the price of motor oil has not dropped, despite crude oil falling 50%. Hmm again.

Fuel Surcharges Remain

And from the doesn't that stink file, the those annoying fuel surcharges from shipping services and the garbage man.

We understood them 2 years ago.

Most people don't anymore....which may have you saying "doesn't that stink."

Service providers say they keep them in case gas prices spike again....and say they are lower than they've been in years. Again, hmmm.

Bottom line: When oil prices spike, prices you and I pay rise quickly.

But as prices fall....it takes much longer for the benefits to trickle down.
    
As always, don't waste your money.
 

__________________

Don't Waste Your Money is a registered trademark of the EW Scripps Co.“

Powered by Frankly

1100 Banyan Blvd.
West Palm Beach, FL 33401

FCC Public File
EEO Report
Closed Captioning

All content © Copyright 2000 - 2018 Raycom Media. All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.