[DonaldC]

So why are gas prices not dropping faster.

[steve86]

For one thing the raw input costs to gasoline are only a fraction of the retail price; taxes — in some states like mine — being a considerable portion. But even here retail unleaded gasoline has dropped under $2 finally.

[ozzymandus]

You realize that even if crude oil was free, gasoline would still cost money, right? Maybe you don’t.

[RetiredTexasVet]

Paid $1.44 a gallon the other day.