What I'm not understanding is the very minimal effect on fuel prices.

Oil has fallen nearly 60% (147--->89)

Fuel has fallen (in the states) from est. $4.00/gallon to $3.63/gallon, percentage: 9% roughly.

If fuel prices fell from $4.00 by even 40% the price would be: $2.40

Think about this as well, Unleaded gallon trading on the market was: $2.23USD/gallon

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