Oil Supplies Drop, Gas Prices Rise Again

Author: BoatsOfFury, 05 29th, 2008

bulk oilOn Thursday, declines in bulk oil due to delays with tankers along the Gulf Coast have caused gas prices to rise towards a national average of $3.95 a gallon.  Analysts predicted gas prices peaked over Memorial Day weekend, but with Indonesia pulling out of OPEC and the current tanker problems, they are now forecasting a $4 a gallon on a national level soon.


Leave a Reply

CAPTCHA image