Your data are correct. If you look at gasoline futures, the price at the pump correlates with that price almost to the penny when you figure in state/fed taxes. My beef is that the oil co's are raking us over the coals and treating oil like an investment. Just look at the profit some have made last year.....$100's of billions, up over 100% from prev years???? Is that right? maybe so in our free market society. If I own a gas station and just bought a load of fuel for $2 a gal, then that fuel should be sold at its original price until the tank is dry. Then the next load, if its higher or lower in price, should be reflected in the pricing. But they treat oil/fuel as a trading commodity like gold. If I own a 24K gold chain and its 2 oz of pure gold then its worth x dollars today. If the price of gold goes up or down tomorrow, its worth x+/- dollars tomorrow.....that I can live with.. But are station owners and oil co's dealing in a commodity and trading it like an investment or a fixed item with a fixed price?????

If that's the case, why don't we all get into the gasoline futures market and buy and sell for our own benefit??? If I score a good price on 100 gal of reg unleaded for May, they deliver it to my local dealer and I pump it at my own price with some sort of special credit card system and I pay the dealer a small percentage for handling the stuff for me.......just like the stock market.....
