Sunday, July 15, 2012

Gas prices continue climbing - Pittsburgh Business Times:

oryzacody.wordpress.com
reports that a gallon of regular rose 6 cent s in Florida during the week endedrMay 30, hitting That is 40 cents more than a montn ago, but a long way from the $3.9t6 a gallon selling price a year ago. In the price was $2.42, nearly 40 cents higherr than $2.04 a month ago, according to AAA. gas was selling for $3.89 a year ago in Nationally, the average cost of a gallon of regulatwas $2.50, 8 cents more than a week The cost of crude oil is the key factor in the Crude closed at $66.311 a barrel on the last week, up $4.64e over the price a week earlier. Economistds speculate that signs of an economifc recovery could be drivinbg theprice increase.
As the economyt rebounds, demand for fuel is likely to increase. Tom publisher of , said that the currenr high price of gasoline is unlikely to since the current price is being pushed by a run up in crud oil prices and not an increase inconsumer

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