Tuesday, May 17, 2011

Gas prices could reach $4.25 nationally by Memorial Day


Crude oil fell from 31-month highs Monday, but analysts were predicting that the reprieve wouldn’t reach motorists. Pump prices were expected to continue their rise, with some predicting $4.25 gasoline by Memorial Day.

1 comment:

  1. Oil tends to rise when the dollar drops as a cheaper U.S. currency makes commodities such as crude cheaper for investors with other currencies. When the dollar gains, oil tends to fall.

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