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Why do gasoline prices react to things that have not happened?

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Author Info
William Emmons
Christopher J. Neely

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Abstract

Some people complain they are being gouged at the pump, but raising prices now in anticipation of what might happen helps ensure an adequate gas supply.

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File URL: http://stlouisfed.org/publications/re/2007/c/pages/gas-prices.html
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Publisher Info
Article provided by Federal Reserve Bank of St. Louis in its journal The Regional Economist.

Volume (Year): (2007)
Issue (Month): Jul ()
Pages: 10-11
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Handle: RePEc:fip:fedlre:y:2007:i:jul:p:10-11

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Related research
Keywords: Gasoline ; Petroleum industry and trade;

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This page was last updated on 2009-12-8.

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