Prices at the pump have retreated from June's never-before-seen levels, but remain stubbornly high
on Tuesday for the first time since mid-May. Oil makes up more than half the cost of gasoline, with refining expenses and taxes, among other things, also influencing prices.
Prices at the pump tend to rise faster than they fall, as stations look to lock in profits in an ultra-competitive business. But there were some positive signs of easing. De Haan counted 2,535 gas stations with prices below $3.99 on Thursday. Even though that's a small fraction of, De Haan expects the number could double or triple in the next week or so.
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