L.A. gas prices slide ever so slowly

With oil futures trading at a little over $80 a barrel, the average gallon of gasoline should not be running at $3.915. But it is, and analysts are trying to figure out why the numbers are falling so slowly. For a while, it had something to do with refinery maintenance, then it was the fact that refined gas was being exported, leaving smaller supplies. Now the explanation involves Libyan oil, which has been cut from the world market (and which at one point wasn't supposed to affect gas prices all that much). Does anyone have the straight story? From the LAT:

Some accelerated price relief may be on the way. Phil Flynn, an analyst with PFGBest Research, said that gasoline prices could drop faster and further if Libyan oil returns to the world market by the end of the year. Before the fighting that ousted longtime leader Moammar Kadafi, Libya was exporting as much as 1.65 million barrels of oil a day.