That price is more of an anomaly. I suspect there may be a psychological barrier at $2.999 a gallon.

If the lower wholesale price is sustained, you can expect to start seeing at pumps a decline from $2.99 a gallon to about (the) $2.80s by Thursday.

There's always a price for what you want.

Impartial observers from other planets would consider ours an utterly bizarre enclave if it were populated by birds, defined as flying animals, that nevertheless rarely or never actually flew. They would also be perplexed if they encountered in our seas, lakes, rivers, and ponds, creatures defined as swimmers that never did any swimming. But they would be even more surprised to encounter a species defined as a thinking animal if, in fact, the creature very rarely indulged in actual thinking.

...we are entitled to make almost any reasonable assumption, but should resist making conclusions until evidence requires that we do so.

Consumers shouldn't infer that there is something particularly suspect going on if they see price variations. . . . If you saw the same price at every station it might indicate competition is working perfectly, but it isn't inconsistent with competition that there's a variety of prices.