Gasoline prices likely to rise 20¢

Tuesday March 07 by Claudia bourneAuto.com Daily News
Already at nearly $1.50 a gallon or more, gasoline prices> are likely to jump another 20 cents by the end of May and soar even higher as the summer driving season takes hold, the government said Monday. The oil exporting countries might boost production soon to ease the acute shortage that has seen crude prices climb above $32 a barrel, but the additional oil, even if pumped immediately, "would undoubtedly be too late" to keep gasoline prices from rising, a report released by the Energy Department says.





<< Reply | none >>

 

Bad Mode
Fri Sep 5, 10:54 am


© copyright 2001-2006, created by Omniseek.