partly tax, I should guess

ie a big chunk of what you pay at the pumps is a flat tax per litre, which doesn't change when the crude oil price moves. So reduces the effect on the post-tax price.

Which also meant that when the crude price went *up* 30%, the price at the pumps didn't go up nearly as much.

Posted By: Tricky Hawes, Sep 12, 15:03:28