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Gasoline price determined by international (Brent) price of crude oil; ban on U.S. crude exports bolsters Brent price by reducing global supply from what it would otherwise be, report says
WASHINGTON--(BUSINESS WIRE)--A summer driving season in full swing brings renewed attention on gasoline prices. But the factors that are central to determining the price at the pump are different than what many assume, according to a new report by IHS Inc. (NYSE: IHS), the leading global source of critical information and insight.
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IHS Inc.
Jeff Marn, +1 202-463-8213
Jeff.marn@ihs.com
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