Thursday, September 01, 2005

Getting used to $2.60 at the pump

While there are reports that gasoline prices have spiked above $3 a gallon in various parts of the country, in a few weeks those prices should start to come down towards $2.60 and stay there if the indicators at the New York Harbor Unleaded Gasoline futures are to be believed. In all likelihood, the prices will stay at or above this level for next several months. Better get used to paying $2.60 at the pump for a forseeable future!

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