Retail gasoline prices in some U.S. markets are expected to approach the
$3.00 per gallon mark by the end of the year. Declining oil prices,
coupled with a series of encouraging economic figures, have helped ease
prices at the pump for American drivers in time for the busy holiday
season. This year saw seasonal anomalies brought on by hurricanes,
refinery outages and geopolitical issues. The Christmas miracle of cheap
gasoline, however, was anticipated by the U.S. Energy Department early
last month, suggesting it’s no miracle at all.
Read more: http://oilprice.com/Energy/Gas-Prices/Dont-Believe-the-Gasoline-Hype.html
Read more: http://oilprice.com/Energy/Gas-Prices/Dont-Believe-the-Gasoline-Hype.html
1 comment:
Even if it is not a miracle, but don't you think that it is a great thing that oil prices not only they do not go up, but they also go down. Not too often we hear such things. As for the gas prices, well no good news here. You know what, I will not be so surprised to see a person going to payday lenders for some cash because he/she has no money for gas
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