What was the average price per gallon of gas the last time oil sold at $77/barrel?
NEW YORK (CNNMoney.com) – Last summer when oil traded at a record high near $79 a barrel, gas at the pump went for about $3.03 a gallon. Today, crude’s about $65 a barrel and a gallon of regular unleaded costs $3.10
I don’t think there is a direct link. ???