# Oil Crashes $1.60 to Under $55 Per Barrel. lowest level in a year-and-a-half

**URL:** <https://forums.speedlife.net/t/oil-crashes-1-60-to-under-55-per-barrel-lowest-level-in-a-year-and-a-half/22814>\
**Category:** NYSpeed Off Topic\
**Created:** [January 9, 2007, 11:42am UTC](https://forums.speedlife.net/t/oil-crashes-1-60-to-under-55-per-barrel-lowest-level-in-a-year-and-a-half/22814 "2007-01-09T11:42:51Z")\
**Posts on this page:** 1\
**Showing post:** 3

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**Author:** ![jeeves744](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jeeves744/32/7619_2.png) [@jeeves744](https://forums.speedlife.net/u/jeeves744)\
**Post date:** [January 9, 2007, 11:56am UTC](https://forums.speedlife.net/t/oil-crashes-1-60-to-under-55-per-barrel-lowest-level-in-a-year-and-a-half/22814/3 "2007-01-09T11:56:35Z")

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Seriously, is there a website or something that explains how oil prices and thus gas prices are figured out? To me it seems so absolutely retarded and lacking of any logic at all.

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