Texas Tech University

Gas prices tell several stories across Abilene and the rest of Texas

Abilene Reporter News

December 17, 2018

Abilene Reporter News - It must be price gouging, right? That secret cabal of gasoline station owners gathers in an underground bunker or at the nearest refinery to sets the price for a gallon of fuel.

It's an easy conspiracy theory to devise when prices are jumping at the pumps, according to Michael Giberson, a professor of economics, energy and law at Texas Tech University's Rawls College of Business.

Read the whole story here.