Not exact matches
Hardly any long term spike in
gasoline prices will be
determine by this storm.
Gasoline prices in Brazil are controlled by the government, and the domestic sugar
price — and therefore the domestic
price of ethanol — is
determined by the world sugar
price.
In short, there's nothing a president can do to immediately significantly alter the
price of
gasoline, since it is first and foremost
determined by the global oil market (that's why domestic drilling has a relatively minor impact).
Because
gasoline prices are largely
determined by the cost of crude oil, which is set on the world market, experts say that the way to reduce our vulnerability to gas
price spikes is to decrease our dependence on oil, regardless of where the oil comes from:
When these settlements were developed, neither distance from work place nor
gasoline prices much mattered in
determining the locations of new constructions.