Oil is lower than 2008/2009 crash. Why is gas still $2.50-$3.50 per gallon?

The price of oil is sitting around $40, which isn't as low as the mid-90s, but is lower than the 2008/2009 recession. Why am I still paying $2.50-$3.50 at the pump for a gallon of gas? Shouldn't it be like $1.50-$2.50. This isn't a yesterday thing, Its been falling since winter.

Submitted August 25, 2015 at 05:45PM by Monkmk2 http://ift.tt/1hFbne9