The cost of the refined product ready for sale has dropped by 60 cents.
The price at the pump has dropped by 14 cents.
When you grasp that, we’ll continue.
I get it. They are pocketing $0.46 windfall. So think hard who created the conditions that allow them to do so?
When you grasp that the refiners/distributors having pricing power due to Kaliphorna’s wacko laws and regulations and then maybe we can have a rational discussion as to who to blame for the pricing and who has the power to keep it from happening.
If I owned refining/distribution in Kaliphorna I would hammer the pricing every chance I got. It won’t be long until they are regulated out of existence and Eklectriv Kar nirvana will have arrived.