Surveillance: BOE Rate Hikes with Davies (Podcast)
Bloomberg Surveillance
00:00
The President Is Having a Policy Conversation, Is There a Gap?
The president is looking at the data and the evidence in front of him about what is happening in this industry. The last time the oil barrels were priced at a hundred, hundred 20 barrels, a hundred 20 dollars per barrel a gas prices at the pump were about four 20 ive. Now at this price level, you're seeing prices at the fuel pump over five dollars. There is a gap there. That doesn't obliterate anything that has happened in between. And yes, certainly investments have been made.
Play episode from 21:14
Transcript
