How is the price of oil determined? And who sets the price at the pumps?
Thursday, January 5th, 2012rocd asked:
I know oil is currently around $100/barrell but who sets this price and is this just the U.S. price or international? If the price of oil is the same internationally, it seems the price at the pumps should also be the same but they aren’t.
Carrier Heat Pumps
I know oil is currently around $100/barrell but who sets this price and is this just the U.S. price or international? If the price of oil is the same internationally, it seems the price at the pumps should also be the same but they aren’t.
Carrier Heat Pumps
