Cobra's Market View

Can anyone tell me why fuel prices are still so high with Crude being at under $40? I believe it is the tax on the fuel is much much higher comparing to 2008. average state and federal tax on gasoline is $.45 per gallon. Diesel is about $.51 per gallon.not sure how that compares to 2008. Refined pr...

Thanks fehro, it's beaten up so badly that's why I wonder on its FA. let me know if you think it will survive a year or two it might worth a try to bottom fish here. Yeah you could argue an nice basing pattern.. a move above the $3.50/4 range with a spike in vol could see the next yellow trend abov...