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Little confused - oil per BBL is going down, refined is going up?

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Tab Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-26-09 04:02 AM
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Little confused - oil per BBL is going down, refined is going up?

Most price rises, I think, are just representative of political insecurity, but I don't recall a situation (except very short term) where the price of crude was going down while the price of refined was going up... ???
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TWiley Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-26-09 05:48 AM
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1. Labor and services create gasoline from crude
There are also taxes and transportation costs. The cost of crude on the commodities market is only part of the expense.
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