Mr. Boag, when you answered a question from Mr. Stanton, you said that when the price goes up at the pump...why does the price go up at the pump? It is the same gas that was bought at a lower price, but as soon as the price per barrel goes up, the price at the pump goes up too. It does not work the same the other way round. When the price of crude drops, the price at the pump stays the same. Why?
On August 27th, 2008. See this statement in context.