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Why are gas prices rising when oil is falling?

Kathy Robinson

in Studying

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Bethany Evans on July 21, 2018

There is No logical answer to this question. The Gas at my local Arco was $1.55 when oil was us $45 per barrel. Now oil is $36.00 a barrel and gas has increased to $1.99. This is a clear case of price-fixing and manipulation. The oil companies are waiting for that we are very happy with sub $4.00 gas that are not going to notice the sneaky ratching up the price when it should be falling. Based on my calculations gas should now be $1.24 a gallon, or 34.45% of the price of a barrel of oil.

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