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A Drop in the Bucket: Oil from Arctic Refuge Won’t Yield Much Relief

UNCG Author/Contributor (non-UNCG co-authors, if there are any, appear on document)
Andrew C. Brod, Director, Center for Business & Economic Research (Creator)
Institution
The University of North Carolina at Greensboro (UNCG )
Web Site: http://library.uncg.edu/

Abstract: What a difference a year makes! Last April I wrote a column that explained why gasoline prices had been rising for months. The reason was tight refining capacity in the U.S., combined with the complicated array of gasoline blends that refiners are required by law to produce. Industry experts predicted that prices would moderate within a few months, as summer blends gradually replaced winter blends. And that’s what happened.

Additional Information

Publication
Brod, Andrew (2005). A Drop in the Bucket: Oil from Arctic Refuge Won’t Yield Much Relief. Greensboro News & Record, April 24, 2005
Language: English
Date: 2005
Keywords
economy, gasoline, arctic refuge, drilling