Oil (WTI specifically) has been bouncing around between $70-$80 for a while now - which only translates to +/- 25c/gallon.
The drop in pump prices is due to refining margins finally coming back to reality after the start of the Russia’s bullshit. Global refining capacity has increased in the past few years while global demand has been stagnant or slightly falling.
Also less political unrest and no major hurricanes predicted for the next month to hit the western gulf coast.