I need some help understanding gasoline prices. The price of a barrel of oil has dropped from about $52 a barrel to $41 a barrel in the last couple of weeks. We are now passed the recent 4th of July holiday. We are not changing formulas to the winter blend yet. But when I went to work today in Wichita, the price had gone from 2.49 to 2.65 overnight. There is no typical explanation that I am aware of for this big jump in prices other than price-gouging or conspiracy between all of the dealers. Please help me understand!!
