2012-01-11 10:54:12
by Energy Bulletin - Oil
Short of a supply disruption, it is hard to imagine U.S. gasoline prices going to $5 a gallon this year, although $4 looks like a good bet. The economic and political turmoil that would ensue as gasoline climbed beyond $4 without any obvious cause would be unprecedented. With the US in the midst of federal elections, pressure on the administration to do something as more and more people were forced out of work would be unprecedented.
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Kimbro Oil Company | PO Box 23089 | 2200 Clifton Avenue | Nashville, TN 37202 | P: 615-320-7484 | F: 615-320-3099 |
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