Well the first guy sounds like a spokesperson for the Big Oil Gestapo, and the other guys had some threads of truth but lacked a good answer.
The following are lies
1. Future price increses. Oil is projected by most experts to go below $30 a barrel, and this is based on price averge index with demand. With prices not falling at the pump demand will drop even more then projected causing $21 to $18 a barrel oil, and that would lead to involvment in the free market by big brother that big oil will not like.
2. It's the refining cost and pipe line. Refining is nothing more then a special distillery that fractionally cooks oil, and pipe lines are owned %26amp; paid for by the government and the pressure of the oil is what moves it.
3. Its OPEC. Well OPEC tries but they have lossed 14% in market share last year and today they only control 28% of the worlds oil compared to a year year ago of 42%. The major issue OPEC has is only 3 of 12 members who cut production when they vote to Kuwait, Saudi Arabia, and Qatar they oil control 6% of the market share combined. The other OPEC nations are poor and even if the really wanted high oil prices they can't afford the transition period.
The cause is clear from expierence it is the oil Gestapo that I worked for I hate to admit comitting rape on America.
Note some one needs to investigate Speedway Super America.If crude oil prices are tumbling daily, why are my prices at the pump still going up now?
There is a difference in crude oil and unleaded gas prices.
Factor transportation, pump taxes, costs of ethanol and other bio fuel blends, and pump profit for example.
gas price is about 25/35 % determined by crude...pipeline,,,tanker,,where oil/crude is pumped from,,,spot demand/marked demand.all play a role...so does political events,,,weather,,,demand for heating oil VS gas VS kero....
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