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Gas prices can include significant taxes. I'm guessing it also takes a while for the lower prices to propagate through the system. You also have refinery bott

Gas prices can include significant taxes. I'm guessing it also takes a while for the lower prices to propagate through the system. You also have refinery bottlenecks, so even though we might have lots of crude, we don't have a glut of refined gasoline yet.

theandrewbailey 7y ago
There's costs to refine (requiring lots of energy input) and to transport the gas, too.