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Message: <blockquote data-quote="Obi-Wan" data-source="post: 490490" data-attributes="member: 709"><p>Economists call this the "rockets and feathers" dynamic:  </p><ul> <li data-xf-list-type="ul"><strong>Rising (Like a Rocket)</strong>: When crude oil prices spike, retail gas prices shoot up almost immediately to reflect higher replacement costs for the next delivery to their station. </li> <li data-xf-list-type="ul"><strong>Falling (Like a Feather)</strong>: When crude oil drops, gas prices at the pump fall much more slowly. Retailers often take longer to drop their prices to sell off older, higher-priced inventory.  </li> </ul><p></p><p>making extra bank on both the up and down of crude oil prices</p></blockquote><p></p>

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