Wednesday, April 28, 2010

Is there a connection between crude oil prices and the price of gas at local gas stations?

Obviously.





The higher the price of crude oil, the higher the price of gasoline.





The more the store owner has to pay for gasoline to sell, the higher the price he or she will charge the consumer. Its the opposite when the price is lower.Is there a connection between crude oil prices and the price of gas at local gas stations?
seriously?? well of course. gasoline is a by-product of crude oil. therefore, oil and gasoline proces almost always move up or down together

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