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Podcasts Take Two
The Wheel Thing: Why are gas prices high if crude oil is low?
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Sep 10, 2015
Listen • 8:50
The Wheel Thing: Why are gas prices high if crude oil is low?
Gas prices in Southern California are among the highest in the nation, even as crude oil prices have been slashed by more than half. What gives?
Crude oil prices are way down, but gas prices at the pump have barely budged.
Gas prices remain stubbornly high in California, even as crude oil prices tumble
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Ed Joyce/KPCC
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Gas prices in Southern California are among the highest in the nation, even as crude oil prices have been slashed by more than half. What gives?

Last year at this time, crude oil prices were twice what they are now. But gas at the pump? It's barely gone down at all.  

Our Wheel Thing maven, OC Register auto critic Susan Carpenter offers some reasons why cheap crude doesn't always mean cheaper gas.