Factors Impacting Gasoline Prices and Areas for Further Study
Energy Information Administration
Notes:
This briefing summarizes EIA analysis to date that suggests:
- Most, if not all, recent retail gasoline price movements can be explained by market fundamentals, I.e., underlying movements in supply, demand, and inventories in crude oil and wholesale gasoline markets; and
- Even “downward sticky” retail price behavior is the expected pattern, not the result of market imperfections.