Why $3 gas won't come back anytime soon, even with a ceasefire in Iran
In the hours before President Trump announced a temporary ceasefire with Iran on Tuesday, the average gas price in the United States edged up to $4.14 per gallon of regular fuel, according to AAA. Two days later, that price — now $4.17 per gallon — is still rising.
Millions of cash-strapped Americans are probably hoping that the current ceasefire — a two-week pause to hammer out a lasting peace deal — will mean a swift return to where gas was before the U.S. and Israel went to war with Iran on Feb. 28: under $3 per gallon.
After all, haven’t the Iranians agreed as part of the ceasefire to lift their month-long blockade of the Strait of Hormuz, which has effectively choked off one-fifth of the world’s oil supply? And if oil starts flowing out of the Persian Gulf again, doesn’t that mean gas prices will plummet?
Unfortunately, no — or at least not anytime soon.
https://www.yahoo.com/news/us/article/why-3-gas-wont-come-back-anytime-soon-even-with-a-ceasefire-in-iran-233247728.html
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There has not been an instance where a corporation has raised prices over some issue and then lowered them back to previous levels on their own accord that I am aware of.
I doubt there ever was one.
(Bear in mind, I said 'of their own accord.' Being forced to do it by litigation or loss of position does not count.)
These corporations are far too greedy and far too used to getting their way to ever consider doing that.
Again, unless they are forced to. 
