The Conversation·2026-10-09 20:09· 25 d agoFeaturedRecommendation84.40

The oil market that sets today’s gas prices was invented in western Pennsylvania

Reading guide

A historian traces how Oil City brokers, then John D. Rockefeller, then futures exchanges decided what the world pays for crude – and why no one entity does today.

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Source:The Conversation · theconversation.com

#Business & economy #Finance & consumption #Energy #International relations #History #Data & statistics