Why Doesn't Gasoline Track the Price of Oil?

August 28th, 2015
in News, econ_news, syndication

Chart of the Week 28 August 2015

Written by , Online Trading Academy

Why do gas prices continue to be so high, even as the cost of a barrel of crude goes down?  I offer my analysis of this phenomenon on the weekly chart discussion. The bottom line is that the cost of the oil is only a part of the cost of gasoline.

Global debt is discussed in video after the Read more >> jump.

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Source: YouTube

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