I have gotten a lot of questions recently about when we may see some relief at the gasoline pump. Complaints have grown in recent days, because oil prices tumbled after spiking, yet gasoline prices didn’t follow. Thus, the conclusion many have drawn is that they are being gouged at the pump. There are several misconceptions involved in this reasoning. First, many attribute this supposed gouging to Big Oil. But the vast majority of retail gas stations in the U.S. aren’t owned by oil companies. Just because a station is branded doesn’t…
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