Supply and Demand.
What does supply and demand have to do with the difference between oil and gas prices?
If crude is down, gas should be down.
Crude has steadily gone down, but gasoline has steadily gone up.
Industry experts said refiners are trying to reclaim profit margins that disappeared late last year when gasoline prices collapsed after reaching $4 a gallon last summer.
That looks more like collusion among the refiners to me. If GWB were still president, the Democrats would be screaming to high heaven for an explanation.
“...Supply and Demand...”
More like price gouging. The supply is there. The demand is low. That’s why I’m not buying the S&D argument this time around.