Crude Oil Prices Are Plummeting, but Gas Pump Prices Stay High
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Gas prices, plastered in giant numbers on every third street corner and underpinning the shipping cost of just about everything, are perhaps the most visible victim of inflation. We see them with our eyes and feel them with our wallets, whether we're at the pump or the grocery store.
But crude oil prices are beginning to tumble. Surprisingly, gas stations are cheering. The current state of gas and oil is a fascinating case study in supply and demand.
Source Fool.com