The price of gasoline is on the rise.
What else is new you say? What is confounding is the price has increased despite low crude prices — at the moment about $38 per barrel — with demand tanking and supply … well there are currently oil tankers at sea waiting for places to store the oil.
I think AAA public relations head Geoff Sundstrom very aptly puts in perspective this disconnect between natural market forces and the actual price of the end product.