Why are they slower to change the gas prices when oil goes down?

It’s about being able to afford the next tanker delivery while the prices are rising.

It’s also about not losing your shirt when you have full tanks of expensive gas as the prices begin to fall.

(Stations make 1-2% profit on gas sales. Big price swings can destroy months of profits.)

I grew up in a family that sold propane and propane accessories…

h/t ArchonFu