Inside, we'll explain the three markets, walk you through the role of refineries, and show how oil companies use creative tactics to manipulate gas prices...
Alpha votes: 0 by KingOf7 0 by sikki_nixx 0 by nocal , i guess this is a counterpoint the article i swarmed, but it's like 20 times as long to reach the same conclusion +1 by Dragonstaff +1 by Acheron +1 by coknurmowth , kind of a rpt, but this site seems to have a bit more than the last +1 by jwalker +1 by etain -1 by nurgleming , rpt-ish X by casmhar , burp
basically the futures market largely determines gas prices. so for a shitty example that might make more sense: if coca cola's stock went up 50% tomorrow and they raised the price of a can of coke accordingly, it would be a similar situation.
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