Crude Price Drop Not Seen at Pump
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I see where the cost of crude that is used to make gasoline is at a very low price right now [“Energy Chief Says Gas Supply Stable, May Boost Oil Reserve,” Sept. 28].
How come the “instant overnight” price at the pump does not come down [overnight]?
When the price of crude goes up a bit, the “instant overnight” phenom of a higher price kicks in in a nanosecond. What am I missing here?
Ray P. Keesler
La Crescenta
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