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Posts Tagged ‘volatility in the oil and gas markets’

What Explains the Current Volatility in the Oil and Gas Markets? Why is the Price of Gasoline Going Back Up Again?

Posted by Scott Rohter on Saturday, February 28, 2015

Just two weeks ago the price of a barrel of crude oil was under fifty dollars and the cost of a gallon of gasoline had dropped to less than two dollars. It took only a few months for the price of gasoline to fall from over four dollars a gallon to just under two dollars a gallon all across America. Now in a matter of only two short weeks the price of gasoline has risen back up to almost three dollars a gallon again. What could possibly account for this wild fluctuation in the price of oil and gas and why is the market so volatile right now?…

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