Lets see now.

Oil has dropped 24 dollars from its high of 150 a barrel.

And still dropping. (2 bucks today already)

Thats about 18% drop.

That 150$ a barrel caused gas prices to average at 4.04 a gallon.

It took 8 days for gas to go from 3$ a gallon to over 4$

It (OIL) has been a steady decline for 9 days, yet gas has only gone down 1C on the average.

Some here havent moved one inch.

So, I ask a very good friend of mine who happens to own 2 gas stations, why no decrease in gas prices.

All he could tell me was, his profit margin remained the same 16C on the gallon, while transporters were basically charging the same price as a week earlier.

Now the question is, since I believe him about his profits, WHO is gouging who?

The oil companies, the transporters, or the refineries?

Because in my mind, gas should have been coming down commensurately with oil prices.

That would make gas, today at 3.28 per gallon on the average.

It's the cost of war, which takes a hell of allot of oil. We are paying for that oil collectively.

.... "Big Oil" is NOW obviously "Price Gouging"as far as your able to tell.... Just like we've been telling "You" all along.... huh?

The price of gas is based on an estimate on what the price of gas will be next week. In truth, the gas you buy from the station has already been paid for last week, which is why price don't go down as quickly when the price of oil drops, as it goes up when the price of oil rises.

that will cause the price to drop...remember

and the volume of the traffic buying gasoline,the price the gas station paid for their fuel supply may have been a price from 3 months ago

That's very true, and some states, like Wisconsin, have something called the minimum mark up law, which artificially inflates gas prices as a means of keeping large chain suppliers from putting the small franchises out of business.