Explain this to me

I'm posting this as a serious question, because I have no fucking idea.

Gas prices are based on a large part on oil prices. Today, gas in my area is around 2.83. Oil prices are about 81 bucks as of today. Ok, keep all that in mind.

Here is my question. When oil prices were at thier high (147), gas was around 4.00 bucks a gallon. So it would only make sense that if the oil price dropped by half, then shouldn't gas be a little more than 2 bucks right now? I mean, fucking seriously, am I missing something here.

If I did my math right, and there is an excellent chance that I didn't, oil prices have dropped about 44 % but gas prices have dropped only 29%. How the fuck is that?

That just doesn't make sense to me, not at all. I'm telling you, gas should be around 2 bucks and I'm pretty pissed off about that because we are all being taken for a big fucking ride. I told my wife this when gas was 4 bucks a gallon. I said there is no way we will ever go back to a 1.20 for a gallon of gas.

Why should they? We'll all just be so happy that we are not paying 4 bucks anymore that 2.83 will look like a god damn T-bone steak and we'll never question it.

I call complete bullshit on this. And don't give me the excuse that gas is still high because this is what they have already paid for it. Tough shit because we all know that if oil prices go up tomorrow, within hours the gas at the pumps will go up as well. So if you are telling me that you already paid for this gas, then by that logic, that price should be locked in until you buy your next tanker of fuel. Until then, tough shit, quit trying to screw over the regular guy.

But it doesn't work that way. They are quick to raise the price and slow to lower it. And we get screwed. I know that this isn't my normal blog, but this has been grating on me for a while.

This is really what gets me. Gas is a commodity that we cannot do without. It's like electricity or natural gas for heating our homes. We cannot do without these things. We cannot decide, hey, fuck it, I'm not going to drive anymore. Sure, we could bike it but have you ever tried to ride a bike 30 miles on the freeway? Good luck. Public transportatoin is non exsistant in the suburbs as well.

And don't give me that free market right to choose bullshit. All the gas stations are always within a cent of eachother so there is no real choice here. That's why it's bullshit.

I know I'm ranting but bum fucking christ, how is this ok. I'm really asking here.