April 12, 2010

EXCEPT IT ISN'T A MARKET:

Gasoline prices rise even as oil futures fall (Ronald D. White, April 13, 2010, LA Times)

Retail gasoline prices rose nationally in the last week, the Energy Department said Monday, but analysts said there was strong reason to believe that pump prices should be falling soon. [...]

Gasoline supplies are near a 17-year high and well above the five-year average, said Phil Flynn, an analyst for PFGBest Research in Chicago.

Posted by Orrin Judd at April 12, 2010 5:59 PM
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