Oil Falls below 34$ a Barrel Today. Why are we still being ripped off

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I dont know if anyone else has been noticing, how low the price of a barrel of oil has fallen over the last few weeks. It's at its lowest for many years today at 34 dollars a barrel.

In view of the fact that all the power companies raised prices significantly earlier in the year blaming the high oil price as the cause of the rises, which at the time was almost 150 dollars a barrel. The sound of silence from these same power companies is deafening now oil is becoming so cheap, not just them of course, in real terms we should be paying still substantially less for our fuel than what we are at present.


http://business.timesonline.co.uk/to...cle5370400.ece