Home ยป AUDIO: Partnerships between competitors is bad for gas prices

AUDIO: Partnerships between competitors is bad for gas prices

Posted March 6th, 2007

A very brief radio story by Phil Farrar about how the cost of oil is the same as last year, but our gas prices are higher. Why? In part because California refineries have supply trading agreements with each other. These agreements keep gasoline away from the spot market which drives up the price.

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