“....Oil falls from 147 to 111, a 24% decrease. Meanwhile at the same time, gas prices fall from $4.11 to $3.69, a 10.2% decrease.
Should be obvious....”
Even more obvious:
Oil increases from 100 to 110 (10%) gas jumps from 2.75 to 3.30 (20%) OVERNIGHT!
Another part of the equation is that the station owners are charging for what they think the next shipment might be, not what they actually paid for what you’re pumping right now.
The emperor’s new clothes.
Oh, and NOT all oil is used for gas.