John Eichberger, NACS motor fuels expert, explains how unrest in the Middle East impacts retail gasoline prices in the United States with CNBC's Squawkbox.
WASHINGTON - When crude oil prices go up, wholesale prices increase and motor fuels retailers ?" as they incur higher costs ?" try to set the price on the street accordingly, explained NACS Vice President of Government Relations John Eichberger yesterday morning on CNBC??s Squawkbox.