Posts Tagged ‘retail gasoline prices’
Sep 13 2008
Why Oil’s Down, Gas Is Up
Posted by Reading Stars
When a government thinks “regulation” is a dirty word, here’s what happens: The price of crude oil fell today to about $100 a barrel ($2.38 a gallon), yet gasoline spiked to a wholesale price of nearly $5.00 a gallon around the Gulf Coast as Hurricane Ike approached. But the hurricane is only half the story. [...]
