Regular gasoline costs $1.78 a gallon more than the crude oil in it (week of 02 Nov 2026), +$0.20 on a year earlier
Pump price $4.15; WTI crude $100 a barrel, $2.38 a gallon. The gap is refining, distribution, retail margin and taxes. Weekly moves in crude line up best with the pump 1 week later (correlation 0.60, last 10 years): a correlation, not a cause.
Energy & Transport · Domestic Intelligence · EIA (retail gasoline and WTI spot price) · 1 Nov 2026