It never fails

David N. Nakamura, Refining/Petrochemical Editor It never fails.When gasoline prices rise, as they have in the US this year, there is the inevitable backlash from misinformed gasoline consumers. Gasoline prices are increasingly featured in daily newspaper editorial cartoons and nightly newscasts.The greater volatility is one cause of this increased focus on gasoline prices. Another factor is the availability of price data to the general public. No other commodity has its prices continually advertised on practically every major intersection. If there is any kind of price jump, everyone sees it.What much of the driving public does not understand is that supply and demand determine the pric...

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