Birdwatch Note Rating
2022-07-18 21:23:02 UTC - HELPFUL
Rated by Participant: 024CF5C605DDAA1BDDFA101F12EC3873AF76FBB7D1FB60F5B2A592584765A4A6
Participant Details
Original Note:
Additional Context: The price of gas lags behind the price of oil due to the refining process. Economists who have studied gas prices have generally found that gas prices adjust faster when they are low relative to oil prices than when they are high relative to oil prices. https://www.thebalance.com/how-crude-oil-prices-affect-gas-prices-3306230#:~:text=Crude%20oil%20prices%20have%20determined,and%20state%20and%20federal%20taxes. https://www.stlouisfed.org/publications/regional-economist/october-2014/rockets-and-feathers-why-dont-gasoline-prices-always-move-in-sync-with-oil-prices
All Note Details