Virginia Tech: Economic Expert Explains Why Fuel Prices Rise Fast But Drop Slowly
September 25, 2026
September 25, 2026
BLACKSBURG, Virginia, Sept. 25 -- Virginia Tech issued the following news:
* * *
Economic expert explains why fuel prices rise fast but drop slowly
24 Sep 2026
The effects of the ongoing conflicts in the Middle East bring news of have sent crude oil prices surging, then dropping just as quickly. But why aren't those drops in crude prices reflected in corresponding drops in the price of gasoline and diesel we buy at the pump?
E . . .
* * *
Economic expert explains why fuel prices rise fast but drop slowly
24 Sep 2026
The effects of the ongoing conflicts in the Middle East bring news of have sent crude oil prices surging, then dropping just as quickly. But why aren't those drops in crude prices reflected in corresponding drops in the price of gasoline and diesel we buy at the pump?
E . . .