Market price for crude dropped 15% in ONE day. Yet we won’t see a 10% drop in gasoline for another 30 days? Scandalous!

[...] For months, soaring gas prices have made drivers aggravated and angry but prices could drop fifty cents by the end of the month. More from: http://losangeles.cbslocal.com… [...]

Yup. They got their $100 per barrel price they wanted. Now $97 seems like a bargain. Gotta love pure market manipulation.

OBAMA here our cries .Since we the people give our tax money to the OIl Companies Give up discounted gas prices or a taxe deduction per car in a house.or dont expect to be re-elected

Anyone else besides me ever notice..that within minutes of a “hike” in the price of a barrel of crude, the stations all start jacking prices up? Even tho every refinery out there has over 100,000 gals of refined gas in storage at the tank farms..but when a crude oil price falls, it takes weeks or even a month to slowly drop the pump prices…
Another thing that bothers me..they list the NATIONAL price of regular at about $ 3.70 or $ 3.60…If I am paying $4.29 a gal..who the hell is getting gas for under $ 3 20 or $3 25 to make that average ballance out..?

corruption, corruption. Price from one station to another is a difference
of 40 cents here in CA. When gas drops 30 cents, I guess Obama will
say what a great deal. This alone is going to be this countries demise.

there was a time i did not mind giving a friend or family a ride somewhere now days i can not even go for a ride if it is not to work. & when someone says ill give you ten bucks for a ride i just laugh, they do not understand that ten bucks will get us nowhere.

These prices are caused by speculation. These “speculators” should be required to take delivery of the oil that they “speculate” on. The current system is much like the housing bubble, in the sense that people without the means to purchase the goods are allowed to drive the prices up. We all pay, and the people with the smoke and mirrors line their pockets. If bidders were required to take delivery, or use actual money, the price would immediately plummet. The system is broken. The market is crammed with “speculators”, and is in need of a serious enema.

God dam oil companies. Sure the price of oil drop by 15 dollars per barrel. But you will wait a see. it’s going to take a month or two for gas prices to drop and for what 10 to 20 cents. Fu_k that!!!!! And all hear from the president is invest in new technology/clean energy. I didn’t vote for him before and am for dam sure am not going to vote for him again. Am to the point that I cant afford anything anymore. between gas price & the value of my home taking a dump. What do I have to look for. Am 48 years old, is there going to be S/S when I turn 65. Guess what? NOT!
People our children & our future are F_CK!!!!! Just kill me now!!!!

SCAM!!!! They make more money on the way down. If one year ago it was $75/ barrel=$3.50/gal. And at its high of $112/barrel=$4.50. Now oil is $95/barrel=$4.00/gal.
When it goes up, they they charge cents extra. Now that its gone down, price is still the same $4.50/gal. That’s $.50/gallon EXTRA, on top of the PROFIT they already make for mark up.
These oil companies are SCAMMERS, and RIP OFF artists, with the governments ok.

one thing people dont know when oil prices drop too low we loose our jobs in the oil field the oil companys quit drilling and stop almost all there projects a few years ago we were layed off for 12 months due to oil prices there were 400 people layed off just in my small company and 20,000 just in ca that was oil workers all they way down to office staff its like any other business if they cant make money they slow down on work being handed out i hate the prices just like everyone else i drive an hour each way to work and home so i know the gas prices hurt but not as much as not being able to feed your kids

This is BS. Over three days with oil below $100/ barrel, and prices STILL HAVEN’T GONE DOWN!!!