Blog
When Oil Prices Drop, Why Do Gasoline Prices Stay Elevated?
Abstract: Why do gasoline prices rise quickly but fall slowly when oil prices drop? Learn the economics behind the "rockets and feathers" effect on pump prices.
Access Documents
File(s):
File format is text/html
https://www.stlouisfed.org/on-the-economy/2026/aug/when-oil-prices-drop-why-do-gasoline-prices-stay-elevated
Description: Full text
Authors
Bibliographic Information
Provider: Federal Reserve Bank of St. Louis
Source: On the Economy
Publication Date: 2026-08-11