Resources > Publications & Presentations > Dr. Michael Noel Discusses Rockets and Feathers in Gasoline Prices

January 21, 2012

Edgeworth Senior VIce President, Dr. Michael Noel, discusses the “Rockets and Feathers” in gasoline prices – the widespread belief that gasoline prices tend to go up fast but come down slow. Some believe rockets and feathers are an example of tacit collusion among retailers that inflates gasoline prices; others argue rockets and feathers is just a myth. In this Law 360 article, Dr.  Noel explains why both sides are wrong. Rockets and feathers is real, but it’s not collusive and doesn’t inflate prices, he says.  

Read the Law 360 article:  Blowing_Up_The_Rockets_And_Feathers_Conspiracy.pdf.