"What is the Price of Oil?"
de Wit, Joeri and Aaron Smith.
ARE Update, Vol. 11, No. 5, May/June, 2008
Abstract:
A quoted price for a commodity such as oil is specific to a particular location at a particular time. This article describes how the crude oil prices reported in the media relate to world oil prices and local gasoline prices.
Keywords:
crude oil prices, world oil prices, local gasoline prices
Citation:
de Wit, Joeri and Aaron Smith. "What is the Price of Oil?" Agricultural and Resource Economics Update 11(5)(2008):1-4.
http://giannini.ucop.edu/media/are-update/files/articles/v11n5_1.pdf