Slide 1 of 11
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.