Tauraso Medical Clinic
Home
Environmental Medicine
Target Ailments
Nutritional Related Diseases
Contact Us
Directions to Clinic
Office Practices
Dr. Tauraso's Curriculum Vitae
Dietary Supplements
Adjunctive Healing Modalities
Treatment Modalities
Dr. Tauraso's Blog
Dr. Tauraso's Medical Updates
Order Online

 

 

Welcome

Sunday, July 3, 2011

MORE ON MISINFORMATION ON TV: Crude Oil vs Gas prices

MORE ON MISINFORMATION ON TV

I have written on this subject many times before. But today, on Fox News a pundit was asked about the relationship between the prices of crude oil and gas at the pump. He stated that when crude prices increase it takes about 10 days before gas prices increase. This in an absolutely false statement! I have been watching crude oil and gas prices for well over 55 years. It takes about 1-2 days for gas prices to increase after crude prices increase, but I will grant the pundit the when crude prices decline it then takes 7- 10 days for gas prices to decline. It is a skewed relationship.

There is little doubt that gas suppliers benefit from crude price increases almost immediately by increasing gas prices, and when crude prices decline they also benefit by delaying the decrease in gas prices.

This is my comment for the day.

nicola michael Tauraso, M.D.
Costa Rica
2 July 2011

Labels:

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

Links to this post:

Create a Link

<< Home