Gas Prices Are TANKING, Here's What That Means for the Ec...

What this episode covers

Wholesale gasoline prices plunged in August to their lowest since the start of the year. This sounds like a positive, both for consumers as well as Fed policymakers and the disinflationary impact on consumer prices. But refinery margins have crashed to their lowest in three and a half years which instead points to more and bigger trouble. Eurodollar University's Money & Macro AnalysisCNBC Oil prices ease on US gasoline demand worries, economic datahttps://www.cnbc.com/2024/05/29/oil-rises-as-major-producers-expected-to-keep-output-cuts-in-place.htmlThe Globe & Mail Crude Prices Fall on Energy Demand Concerns and Increased Russian Crude Exportshttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

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How long is this episode of Eurodollar University?

This episode is 18 minutes long.

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This episode was published on September 3, 2024.

What is this episode about?

Wholesale gasoline prices plunged in August to their lowest since the start of the year. This sounds like a positive, both for consumers as well as Fed policymakers and the disinflationary impact on consumer prices. But refinery margins have crashed...

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