Gas prices about to jump again

[Vertnut]

If the price of oil is going down, why the increase in gas prices?
Just wondering because I always thought that they were correlated.

Not so much anymore. One reason for the jump is the change in seasonal formula's. The additives the government now requires adds quite a bit to cost of refining gasoline and especially the added refinement for diesel.

[stangin4lyfe]

If the price of oil is going down, why the increase in gas prices?
Just wondering because I always thought that they were correlated.

[Sgt Beavis]

I saw this note on Ed Wallace's website:

Note from Ed: Be sure to fill up your gas tanks today. The price on the futures market has jumped almost thirty cents a gallon this past week. Ten cents just yesterday. Oil is falling, gas is going to other direction.

http://www.insideautomotive.com/