AUDIO: Partnerships between competitors is bad for gas prices
- Artist: Phil Farrar
- Title: Oil prices are lower, but gas prices are higher
- Album: Kogo News Radio, San Diego California
- Genre: Refinery Price Gouging
- Year: 2006, March 6
- Length: 0:32 minutes (500.45 KB)
- Format: MP3 Mono 44kHz 128Kbps (CBR)
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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