The volatility of gasoline prices

Gigi Douban Mar 4, 2015
HTML EMBED:
COPY

The volatility of gasoline prices

Gigi Douban Mar 4, 2015
HTML EMBED:
COPY

The U.S. Energy Information Administration releases its weekly numbers on oil supplies on Thursday. The agency also surveys gas station prices, and they rose 14 cents a gallon nationally last week. In California, prices spiked up 37 cents a gallon, because of lower production at refineries.

More on why gas prices often seem to rise faster than they decline:

Click the media player above to hear more.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.