Crude reality: price crash means oil firms must slash spending

The oil companies are still shafting the consumer but the Japanese government acts like a docile pup....

50% drop in a barrel price and 4% drop at the pump. Something seems wrong.

Once this is over these companies will look really cheap.

PS Or look at the past 5 years on the graphs above, where you can see how high pump prices still are.

Crude reality to me means that prices at the pump have come down to about the level of September 2019, roughly 8 yen off their recent peaks.

Some fun graphs on this page, showing either past month or year for regular, high octane, diesel:

https://e-nenpi.com/gs/price_graph/1/1/0/