Is Everybody Ready For $4 Gas?
Are you ready for $4 gas? We are, we live in NYC. You, however, might have a problem. Analysts are saying that $4 is a very real possibility this summer. From CNNMoney:
“I think it’s going to happen,” said Phil Flynn, a senior market analyst at Alaron Trading in Chicago. “Unless things change dramatically, I think we’re going to see $4 a gallon.”
“More and more communities are going to see gasoline that approaches or exceeds $4 a gallon,” John Kilduff, an energy analyst at Man Financial in New York, said recently. “Where we’re currently at with prices, that’s a given.”
Naturally, CNN also went out and found a guy who doesn’t think $4 gas will happen, so we can’t be sure what they’re saying is accurate or not….We’re simply left with an uneasy feeling that makes us want to buy things. —MEGHANN MARCO
Get ready for $4 gasoline [CNN]
(Photo:The BH)
Want more consumer news? Visit our parent organization, Consumer Reports, for the latest on scams, recalls, and other consumer issues.