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June 1, 2012
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Letters to the editor, June 1

Gas prices reflective of where U.S. gets its oil

A recent letter complained that while the price of oil has been dropping, the price of gasoline keeps going up.

Two points: While the price of domestic oil has dropped (around $90 per barrel lately) the price of Brent Crude (North Sea Oil) which determines the cost of gasoline in the USA - is still around $107-108 per barrel.

The price of gas seems to keep climbing out here in the West, but other parts of the country are seeing gas prices drop. The national average is around $3.68, while in Carson …

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The Nevada Appeal Updated Jun 1, 2012 05:10AM Published Jun 1, 2012 05:08AM Copyright 2012 The Nevada Appeal. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.