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These brief essays delve into the economic issues of the day for a generally informed readership.

2011, No. 36 (Posted 2011-11-10)

Using Brent and WTI Oil Prices to Predict Gasoline Prices

by Kevin L. Kliesen and Michael T. Owyang

The spot prices of West Texas Intermediate and Brent crude oil recently diverged. If this divergence persists, economists and energy analysts may want to focus on Brent prices when predicting the level of gasoline prices.

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