Re: Fuel Prices

Posted by Tom in TN on August 20, 2005 at 17:59:24 from (64.12.117.7):

In Reply to: Re: Fuel Prices posted by Demand on August 20, 2005 at 17:29:41:

Hello Demand,

Thanks for the note. I actually am fairly familiar with the supply/demand relationship. What puzzles me is that the explanation that I keep hearing is that the price of crude oil has reached all time highs, therefore, the price of gasoline has increased commensurately. I don't know the answer to the question, but I'd sure like to know the relationship between the cost of the oil that is used to produce a gallon of gas, versus the dramatic increases that we see in the price of the gas.

Do you think that each factor in the price is increasing simultaneously or is that only some of them are increasing? I'd just like to know the facts.

Thanks again,

Tom in TN

Follow Ups:

• Re: Fuel Prices Demand 18:41:49 08/20/05 (0)

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