>The rocket and feather effect is real and measurable. When stations raise prices the average move is 2.35p/litre. When they cut, it's 1.85p. There are also more up moves than down moves. I queried the raw history to check this rather than eyeballing a chart.

Comparing the absolute size of price rises vs drops doesn't make sense, because it could very well be an issue with the underlying price (eg. crude oil or whatever). It seems hardly fair to blame gas stations for being slow to lower prices, when refineries are still also slow to lower prices. Same for blaming refineries when the global market is slow to lower prices.

yeah that's fair, without wholesale rack prices as a baseline you can't really isolate station behaviour from what's happening upstream.