If the price of oil is 80 dollars a barrel, why are we still paying 3.80 or more in the southeast?

what is the national average? This is ridiculous!


If the price of oil is 80 dollars a barrel, why are we still paying 3.80 or more in the southeast?
I agree with you. The prices here actually dropped a lot yesterday - $3.37 a gallon. This is a site you can visit that is very reliable when it comes to finding the cheapest gas in your area:





http://autos.msn.com/everyday/gasstation鈥?/a> just enter your zip code to get a list of your area gas stations' prices





http://www.bizjournals.com/phoenix/stori鈥?/a> the average price per gallon is $3.40 across the nation.





You're right, the Southeast gas prices haven't dropped as dramatically as they have in New England, Midwest and other areas.





This link says that gas prices didn't escalate as dramatically as crude oil prices did - they were kept artificially low - and so the price of gas didn't have as much room to go lower as crude oil did. They explain it better here:





http://www.foxbusiness.com/story/oil-gas鈥?/a>If the price of oil is 80 dollars a barrel, why are we still paying 3.80 or more in the southeast?
Its not just the crude prices, but it's also the refining capacity. Many of the refineries that were shut down due to hurricane Ike are just now coming back online.
I just payed $3.29 in Mississippi
It's $3.31 in Vegas :)
I just payed 3.09 yesterday... and I live in Mississippi