If I remember correctly, rising oil and gas prices were immediately passed on to the consumer. The price of oil has dropped dramatically and we are being told that this will not filter through to domestic oil users until next summer.
There is something wrong somewhere.
As with the interest rates on mortgages – these were applied within 2 days when going up. Not so when coming down!
There is also a big difference in prices at the pump across the country. Something I noticed on recent travels. I guess it is all to do with how much competition there is in the local area.