Archives for the Month of December 2006 on Sung Kim's Online Journal
Gasoline prices go higher and higher
Recently, gasoline prices have been increasing a lot. According to article from USA Today, rise in gasoline prices will continue until Christmas. Going back to home for the holiday will be more costly than at Thanksgiving. Since the end of October, a price of regular gasoline has risen 8 cents. What is happening to priced of gasoline? In supply, gasoline inventories have declined as refines produce other. In demand, average gasoline demand was up 1.6% from a year ago. No one expects whether gasoline prices will be down after Christmas or not.