[Rodney King]

The article states crude prices have dropped 1/3. Now where is my 1/3 at the pump?

The gas stations paid for the gas in their pumps at a high price. They can't just go cutting the price and sell it for less than cost. It will come down, it will just take a few weeks.

[Hessian]

So when the price goes up, we pay for the cost of replacing the cheap gas with more expensive gas, and when the price goes down, we pay for the cost of the expensive gas in their tanks, but not the cheap gas they're replacing the expensive gas with.....this is a system?

[MatthewViti]

explain to me why gas is 1.78 at the mobile down the road from me and less than 3 miles away at another mobile the gas is 1.59. also, the sunoco sation is 1.80 down the road from me and 5 miles away at a costal station the gas is 1.57 a gallon.

[GGpaX4DumpedTea]

"The gas stations paid for the gas in their pumps at a high price"

Bovine Feces! It takes a few days at most stations to need refilling their storage tanks, and it takes weeks for the price to come down, but it takes 24 hours for the price to go up a bunch if OPEC sneezes.

And here in Ohio we get the weekend bounce. Typically the price jumps up 10 or 20 cents on Thursday or Friday and then starts back down on Monday or Tuesday. They screw the motoring public here big time with their yo-yo pricing! They, the stations or their suppliers or both are BA$TARDS!