Crude Oil And Gasoline Diverge For A Change

Crude oil crossed $78 per barrel today and is nearing its all-time high of $78.40. Meanwhile, gas prices are continuing on their drastic downward trajectory, according to gasbuddy.com. But, just because because gas prices aren't going up (right now), it doesn't mean that the run-up in crude oil is contained. Crude oil is used to make gasoline, but it's also in the production of other products, too. In fact, only 20% of a barrel of crude oil ends up at...