Gas prices high

I recollect some months ago Government said it would look into gas prices in the Cayman Islands.

Since early August oil prices have dropped from their peak of over $71 a barrel to $55 a barrel, a reduction of some 23 per cent. Gas prices at the pumps in the US have dropped accordingly, yet here in Cayman prices at the pump have dropped only 8 per cent from their peak.

Why is it that Texaco and Esso pass on price increases in full without any delay, yet when the price drops they drag their feet?

I also have a question for the Petroleum Inspector who checks the calibration of the local gas pumps. Why when I fill my gas tank, which the manual says has a capacity of 11 imperial gallons, do I get charged for 11.9 gallons?

Roger M Davies