Energy For The Next Generation

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CRUDE OIL PRICES

Crude oil price falls fell today up to 2 % at nearly 94,79 /barrel.In the last period crude oil prices continue to fall.So we can conclude that the gas price can fall to.
According to Energy Information Agency te average price of retail gasoline in the U.S is 3,78 $ is the highest latest price since many years.
So I wonder why the price of gassoline is yet a high level since the price of crude oil have drooped.One explanation is the oil market is to weak right now and still the price hace gone up.The future of the crude oil prices demand worries .The Us inventories at this moment are nearly 4,1 millions barrels according to a reports to AIE and the represents said the price of gas should down.


Other explanation is when the price of oil are rising retailers absorb some of the costs to remain competitive with cusumers.

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