What is up with gas prices?!!

[dbl lung]

I watch the market channel nearly everyday at some point. The price at the pump has not moved in nearly 3 weeks in the LaCrosse area. However the price per barrel of oil has dropped nearly $15 in the same three weeks. It used to be I could predict if the gas was going to go up or down and be within a penny. Now it appears there is some gouging going on. Now I know there are some smaller stations which only purchase fuel once a week but there are others who purchase daily. It is hard to understand why the prices continue to be high when there is a surplus and the markets continue to fall. Just a rant but I think a valid one too.

[jbasto]

Only when the price of oil goes up does it affect the price at the pump. When oil prices go down not so much.

[cornfedkiller]

Only when the price of oil goes up does it affect the price at the pump. When oil prices go down not so much.

Isnt that about right? Oil is down to $76/barrel (not even sure the last time it was that low), yet gas is still $3.79 near me..

You'd think gas would be down around $3 with those oil prices!

[cowboy bowhunter]

I was expecting it to go down so i have been waiting to fill now im just in trouble on empty and it will cost over $100 to fill.
They must be waiting for it to go down more to move it have to make as much as possible even if it hurts many others.