Gasoline Prices and Crude: Consumers Lose, But Companies Profit
March 8, 2012 9:39 am
Below is the percent change in the price of oil and gasoline. It compares the pricing that you and I pay as to what is the price of the underlying commodity. As is expected, no matter what the price of oil is, there is a constant price that will be pushed onto the consumer. Now, as a consumer, I am not happy with that fact, but this is why there is investor excitement when it comes to the energy sector.
There have some great investments in this sector, no doubt. But, if you are expecting that pump prices will come down anytime soon – think again. This is a perfect setup into the summertime pattern.