Why gasoline prices will continue rising: the spread between Brent and West Texas crude is...


Why gasoline prices will continue rising: the spread between Brent and West Texas crude is widening. While the price of Brent and gasoline have tracked each other closely, the performance of WTI is much less correlated. So relief at the pump isn't happening, Bespoke says, unless something helps break the relentless run in Brent prices.
Comments (3)
  • Losing Paper While Gaining ...
    , contributor
    Comments (488) | Send Message
     
    Monetary inflation = higher prices on essential goods and services.

     

    This is not rocket science.
    3 Apr 2012, 07:03 PM Reply Like
  • Stoploss
    , contributor
    Comments (1713) | Send Message
     
    Capitalism.......... Give that a try.
    3 Apr 2012, 08:08 PM Reply Like
  • HoeTamer
    , contributor
    Comments (186) | Send Message
     
    "Monetary inflation = higher prices on essential goods and services.

     

    This is not rocket science."

     

    Sorry Paper, I couldn't think of a better way to put it.
    3 Apr 2012, 08:32 PM Reply Like
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