Rising Gas Prices Less About Shortage, More About Fear
A local economics expert says the recent surge in gasoline prices is directly tied to international conflicts and market fears rather than immediate physical shortages. Tennessee average prices stand at $3.85 per gallon this week, up some 97 cents in the last month month. Tennessee Tech Assistant Professor of Economics Tim Roberson said the Middle […]
Expert: Oil Prices Rising Due To Conflict In Middle East
Rising oil prices tied to tensions in the Middle East could lead to higher fuel costs for Americans in the coming weeks, according to a Tennessee Tech University economics professor. Economics Professor Tim Roberson said 20 percent of the world’s oil comes out of the Persian Gulf, and to get out of the Persian Gulf, […]
