Last updated 4:23PM ET
February 17, 2012
Prairie Region News
Prairie Region News
The Cost of a Gallon: More than the Price of Oil
(2008-06-03)
(WABE) - When the price of a barrel of oil goes up, so does the cost of a gallon of gasoline. Most of us know that. What you might not know is what other variables factor into what you pay at the pump. Dr. Hashem Dezbahsh, Professor of Economics at Emory University, breaks down how retailers come up with the cost of a gallon of gas. © Copyright 2012, WABE