Why gas prices rise fast but fall slowly

A St. Louis Fed economist explains the "rockets and feathers" effect, where gas prices spike quickly on uncertainty but ...

Hiltzik: Why do gas prices rise so sharply and fall so slowly? Blame gas stations — and yourself

Economists blame corner gas stations and consumer behavior for the rocket-and-feathers phenomenon in the rise and fall of gasoline prices.
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Oil Holds Gains, Natural Gas Rockets as OPEC+ Meeting Nears

Crude oil is holding gains ahead of Sunday's OPEC+ meeting, while U.S. natural gas prices have spiked on the news of a new U.S. LNG export record. Friday, November 28, 2025 As Russia-Ukraine peace ...

The U.S. Produces The Most Oil —So Why Are Gas Prices Surging?

Gas prices shoot up fast, but don’t fall as quickly. Even the U.S. oil boom can’t stop global markets from shaking the pump.