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Commodities Briefing - Categorized | Commentaries, Oil, Price Watch more

Oil prices heading higher! Try this approach

Posted on 29 July 2013

As an energy writer, the most common question I get from friends and family concerns the price of gasoline. Just the other day I was talking to my dad when he mentioned that gas prices back home in New York were now over $3.80 a gallon. I guess I need to stop complaining about local prices that have now shot up to more than $3.30 a gallon.
The bad news, which I had to relay to my dad, is that prices aren’t likely to go down again anytime soon. Worse yet, drivers probably should get ready for higher gas prices. Last week’s $0.12 jump could only be the beginning because a confluence of factors driving supply and demand are likely to push prices higher………………………………………..Full Article: Source


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This post was written by:

VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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