sorry for english and not armenian typing.
Just a little heads up on some oil facts
Oil-Company Profits The price-at-the pump is the sum of all the input costs plus, perhaps, some additional markup because of market power. We can tell if there's market power by checking the price increases.
Because there are 42 gallons / barrel, when the price of oil goes up by $10, say from $55 to $65, the price of gas should go up by $10/42 = 24¢ (popNote ). It’s actually gone up faster than this, so we know oil companies are exercising some market power and passing through a “markup” not just their actual costs.
www.eros.am
Damn to George Bush i say, hes the main cause i say.