I just got back from DR. Appt.
Drove past stations that had Regular Unleaded from $2.18 - $2.26 on the west side of the lake.
Get back on east side going home and Sam’s was $2.32, others are $2.46 or so.
The gas at the pump was bought under the July contract. If they start dropping the price. They lose money. If the September oil goes up. They are borrowing money to make the contract.
We are below $2 a gallon here in the midlands of SC.