Why Are Gas Prices so Volatile?
Top of Mind with Julie Rose - Radio Archive, Episode 621 , Segment 3
Episode: Mentoring, Oil Prices, Uffington Horse
- Aug 21, 2017 11:00 pm
- 1:04:45 mins
Guest: Gideon Bornstein, Doctoral Student of Economics, Northwestern University We all remember several years ago when gas was over $4 a gallon. Now, it's holding steady around $2.30. Why do gas prices go up and down so much? According to a study out of Northwestern, it is not just because of OPEC. Customer demand plays a large a role.