>Why is it that as soon as the price of oil goes up, it goes up at the pump immediately, supposedly because they forecast what it will cost them to replenish their stocks. But, when it goes down, as it did today, prices don't go down immediately as well since replenishing their stocks will cost less?
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http://biz.yahoo.com/ap/080929/oil_prices.htmlSimple answer : Ike
Generic answer : Gas price is complicated
Conspiratorial answer : Oil companies are screwing us
How gas prices work:
http://auto.howstuffworks.com/gas-price.htm
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