Since the price of oil is less than 75 dollars a barrel, why hasn't the price at the pump gone down lower?

Who is lining their pocket? Will the price go down?Since the price of oil is less than 75 dollars a barrel, why hasn't the price at the pump gone down lower?
For some reason, wen they need to raise the price, they do it in a heartbeat. When it needs to come down, they take there time.





It's the people you get it from, which is messing you around.


It should work out like, for every $2 thats been knocked off a barrel, 1p should be knocked off at the pumps.





G.Brown as realised this hasn't been happenin, and sent out a messages to all petrol stations, to start lowering their prices.





BP started, then Tesco's follow suit with a 3p drop... Even tho, we should have been looking at drops of around 10p.





Now we have Ocea (spelling mistake?) (The name given to the group of countrys that sell oil) saying their going to limit productions, so the prices will RAISE AGAIN.





Like i said before, when the prices go up, there all to happy to raise the prices, but when they go down... Their to slow to pass on the savings.Since the price of oil is less than 75 dollars a barrel, why hasn't the price at the pump gone down lower?
I was wondering that myslef. I think it must have to do with the fact that thay have already bought the barrels of oil at the higher price so they have to sell it all before they lower it...or maybe theyre just greedy bast!@#$ !
Short answer -- oil companies.


Just wait for the next quarterly budget reports to come out and you will see who is lining their pocket.
Its going to drop. Supply and Demand. It might be a nickel a gallon by this time next year if the economy really tanks. Scared? Better Be!
The gouge masters are working overtime.
in my area its $2.99 per gallon.
it would remain the same price even if it was $55


google dynamics of gas cost


if you want to learn about it

makeup