Here's how I understand gas vs oil prices.
They parallel for a little while until an event happens. Gas spikes that day, but oil takes a few days before it goes up. Oil prices start to rise, justifying a further increase in gas prices. Eventually, oil prices peak and start to fall again. Citing a lag in production/stock on hand prices, gas stations maintain their prices (maybe a little fall). Meanwhile, oil prices have fallen, which eventually the news becomes more "common knowledge" forcing the gas prices to fall and eventually even out again (at least until the next event).
The part that pisses me off is the scaling effect of each event. For example, Lybia is responsible for 5% of world oil production, however when they went through their recent/current period of unrest, gas prices escalated from ~$2.50 to ~$4.00. I need an explaination as to why a 5% supply is responsible for a 60% price increase, other than the r-tards on Wall Street and their knee jerk over-reactions.
Here's a quick MS paint graph:
