Business
Saturday, 6/27, 11:11 AM
Oil has fallen back to pre-war levels. Why hasn't gasoline?
- Crude oil has dropped close to where it sat before this year's Iran conflict, yet drivers are still paying more at the pump than the slide in oil alone would suggest.
- The reason lies in how a gallon of gasoline is actually built up — and in a well-documented quirk of how fuel prices move.