Archive for March 18th, 2008

Why are gas prices still rising if the price of oil is going down?

Tuesday, March 18th, 2008
oil price
moira77 asked:


Stupid me, I thought that the reason gas prices were going to climb to $4 this summer was because the price of oil was skyrocketing. Well now oil prices have fallen and yet gas is still rising. What’s the deal? Obviously my Economics 101 class was not enough to enable me to understand all this lol.

Helen
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