Perhaps. Or perhaps there are other factors at play. It's a complicated thing.<quoted text>A couple of years ago when gas just went over $4.00 a gallon the price of crude peaked at $146 per barrel. Last week it was $3.98 and oil was $105 tops. Seems to be some hugh profit taking here.
But if you're concerned about price gouging, maybe you should support your Democratic lawmakers who want to eliminate the huge tax subsidies we are providing Big Oil.