I've never noticed the price fluctuate so wildly before. Over a period of a few weeks it inched back down from 4.19 to 3.99 and then in one or two days it dropped 20 cents to 3.79.....Naturally, right after I bought fuel at 3.99!
It makes no sense to me! But at least it's headed in the right direction, for now, even if it is for the wrong reasons. I heard our braindead president opened up the 'reserves' instead of opening up the oil fields!
Eventhough it does take a while for fresh American oil to hit the market, speculators would do what they do and the price of fuel would go down imediately.
Saudi Arabia is claiming they are running out of oil, China is making deals for oil all over the world, Brazil is drilling like crazy, (even in the Gulf with our money and president backing them), and we are just setting on ours.........It makes no sense at all!