Monday, February 14, 2011

Gas pump prices highest ever for this time of year

This article is about how gas prices are the highest ever for this time of year. The national average hit $3.127 per gallon on Friday, about 50 cents above a year ago. In the article it says how oil demand will slide in the U.S. by May. Oil traders are more cautious because after getting burned  when oil plunged to $33 per barrel in early 2009, just six months after hitting $147 per barrel. It is expected that gas is supposed to get up to $3.50- $3.75.

No comments:

Post a Comment