Why Gas Prices Rise Quickly but Fall Slowly

As soon as oil prices rise, it takes little time before drivers begin to feel the pain at the pump. But it takes far longer for price decreases to reach consumers. Here’s why.
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Egyptian Unrest Sends Oil Prices and Asian Markets Higher

Asian markets rose today with investors piling into oil companies as the price of oil passed the $100 a barrel mark. Hong Kong’s Hang Seng Index inched up 0.2%, the Shanghai Composite Index added 0.3%, and Japan’s Nikkei 225 I…