Stuff My Brain Says #2

How come the gas prices are quick to go up when the price of oil per barrel goes up, but take forever (if at all) for the prices to go down when the price of oil per barrel goes down?

My point: The price of oil dropped to $112/barrel with the death of Osama bin Laden, but the price at the pump went UP ten cents! Don’t tell us that the price at the pump is related to the price per barrel only when it goes up, but conveniently ignore that supply & demand rule when it goes down.

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