Why Are Gas Prices Going Up When Demand Is Going Down?

The price of crude oil—and more importantly, gasoline—has climbed to painful levels once again. As of early April, the quote for Brent crude, the international yardstick, was about $126 per barrel—only some $16 below the $142 peak seen in the summer of 2008. But domestic West Texas Intermediate crude is only getting $107 per barrel—a [...]

Mark Anthony Martin Jean Marc Gounon Nascar Cuth Harrison Loris Kessel Stefan Johansson