Re: Wow
"They have also discussed removing the fuel taxes for a while, but there is no trust in the petroleum industry to not take that as even more profit."
The UK tried that. A whole 5p off a litre of fuel. Whether it had any affect, I don't really know. It was a such a small amount and fuel was/is still rising such that even that tiny effect was barely noticeable. There were multiple news stories about whether the filling stations/fuel companies ever actually passed that price cut on. There are current stories about pump prices still going up or at best remaining stable at high levels while the wholesale cost of fuel has dropped a bit over the last month.
Looking at a live price chart on crude oil, it's down between 3% and 10% today.
Looks like it peaked at over $120 per barrel across the first two week of June and has been mainly falling to about $97 per barrel today. I'm not seeing that fall at the pumps yet, but it goes up *instantly* when the well price goes up.