Wednesday, January 07, 2009

Gasoline Shortage In Midwest Or Booming Economy

SEARCH BLOG: OIL

Is it mere coincidence that the area with some of the highest gasoline prices in the U.S. also has the weakest economy? Could be a gasoline shortage... but a lot more people are unemployed and staying home... so it can't be caused by a booming economy either.

Maybe it's just a case of "hit 'em while they're down." Or maybe it's all those refineries getting ready for producing their "summer blends."

Just how are those wholesale and retail prices being set? And who is doing it?

..