Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Saturday, May 12, 2012

Oil Companies Buy Oil at West Texas Intermediary Price, and then Sell It at the Higher Brent Crude Price Used In Europe

Oil Companies Buy Oil at West Texas Intermediary Price, and then Sell It at the Higher Brent Crude Price Used In Europe


We noted yesterday that major U.S. oil companies are artificially raising gas prices to U.S. consumers by using the European Brent crude oil pricing yardstick.

No comments:

Post a Comment