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Pump fiction: why petrol prices haven’t fallen as much as crude oil – utalk
The disparity between the declines in crude oil prices and those at the petrol pump is under question in this edition of Utalk. Julie in the French city of Limoges asks: “With the collapse in the oil market, prices at the pumps have also fallen, but not to the same extent. Why. And will this trend be continued?”
The response is from Thomas Porcher, a Paris-based economist: “Don’t expect a symmetrical drop in prices between crude and petrol for two reasons. The first is that the price of oil i…
READ MORE : http://www.euronews.com/2015/01/09/pump-fiction-why-petrol-prices-haven-t-fallen-as-much-as-crude-oil
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