Gas & Oil News
With gasoline prices setting new records with every passing day, be prepared for the "One-Two Punch", at the pump, this Memorial Day weekend. As I've said, on more than one occasion, there is no “Oil Crystal Ball” when it comes to predicting oil prices.
But with gasoline prices, you can bet they will move in lock step with oil prices. After crunching the numbers, I wouldn't be surprised to see the National Average of a gallon of regular gasoline going for around $2.40. Here's the scary part. By next year at this time, $2.40 may seem like a bargain!
Davitte’ Lanier
Petroleum Industry Analyst
But with gasoline prices, you can bet they will move in lock step with oil prices. After crunching the numbers, I wouldn't be surprised to see the National Average of a gallon of regular gasoline going for around $2.40. Here's the scary part. By next year at this time, $2.40 may seem like a bargain!
Davitte’ Lanier
Petroleum Industry Analyst
posted by bettergasmileage @ 12:05 AM
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