Quote Originally Posted by Ridge View Post
But we won't see them at the pump. Never happens. Oil drops 25% a barrel, price will go down maybe 25 cents, tops.
Totally agree. When Crude goes up a $1/barrel (~1.2%), gasoline/diesel price goes up more of a 5% (~20cents/gal).
In contrast, when we see -$1/barrel, gasoline/diesel price goes down about ~3cents/gal.

Damn price inelastic items.