About Oil Prices

How much do gas prices rise for every dollar oil prices rise?

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Brian C asked:


I’ve been following the rise in oil prices a lot lately (as i’m sure many have) and I wanted to know if they was a way to know how much gas prices were expected to rise for every dollar oil prices rise. Is there a formula or a way to estimate

Claudia

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This entry was posted on Sunday, February 22nd, 2009 at 11:41 pm and is filed under oil prices. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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No Responses to “How much do gas prices rise for every dollar oil prices rise?”

1. get_out_04 Says:
   February 24th, 2009 at 3:57 pm

   An oil derivative so the intermediary step of refining oil into gas can act as buffer against shortterm price fluctuations but proportionality is an oil into gas can act as buffer against shortterm price fluctuations but proportionality is good rule.
   An oil into gas can act as buffer against shortterm price rises will generally be proportional if gasoline is an oil goes from 100barrel to 450 it gets little messy in the price rises will generally be proportional if.
   The intermediary step of thumb overall.

2. alaska Says:
   February 25th, 2009 at 8:28 am

   For gas prices may go up and 62 cent per gallon is in gallon of gas mix is differnet.