What's wrong with that?
>> there is no mechanism nor desire in the industry for lowering domestic fuel costs <<
....If that were true, why do we ever see any drop in price for any duration?
We haven't. (slowly, slightly trending lower)
So, how much is gas in Saudi Arabia?
We already refine more than we use. (again and again...)
If we bring in more gasoline than we use, we shut down US refineries.
...If that were true, why do we ever see any drop in price for any duration?
We haven't. (slowly, slightly trending lower)
We have.
AAA: Labor Day gas prices expected to reach 4-year low
http://www.accessnorthga.com/detail.php?n=278693
Gasoline in Saudi Arabia is subsidized by the government. Do you want the US government to use tax dollars to subsidize selected products? Were you happy with the ethanol subsidy?