The price should drop some?? as barrel prices are down and dollar is stronger. I know rack prices in Maine have dropped as much as 20 cents on diesel in the last few days. Haven't seen much change at the pump though. Everyone better get used to the high cost of fuel, its here to stay. Its killing my business as local oil companies are getting killed by the cost of receivables, credit card charges etc. They in turn can't spend money on their equipment which means no worky for me:) Also in Maine gas sales are down 4 percent, less broken equipment
The price at the pump right now is not reflecting the cost of oil so much as limitations in the refining. It may drop, but I think "drop" is figurative and only back to $3.50 or so. $4/gallon gas is a reality. And soon, we'll be looking at $5/gallon. I've heard projections of $12-15/gallon within 10 years.
The frustrating thing in SW Florida is the range of prices on the same day. You can pay anywhere from $3.89 to $4.35 within a few miles of each other. It seems the farther south you go the more expensive it is. Guys who drive from Ft Myers to Naple$ better fill up before they go or pay a ripoff price to get home.