California gasoline prices set to plunge as spike ends
by missydon | on
This is an interesting article.
SAN FRANCISCO/HOUSTON (Reuters) – The unprecedented price spike that added more than 50 cents a gallon to Californiapump prices last week ended as quickly as it began, market analysts said, and consumers should see prices fall dramatically in the coming week.
Political outrage, however, was still heating up as Senator Barbara Boxer joined calls for a federal investigation into possible market manipulation.
Prices started pulling back slightly on Monday afternoon, according to online filling station tracker Gas Buddy, after theAmerican Automobile Association website reported they had hit a record of $4.668 per gallon on Monday morning.
Consumers purchase gasoline at a gas station as a plane approaches to land at the airport in San Diego, California October 8, 2012.
If this article interest you,please feel free to leave a comment below…KbK
California gasoline prices set to plunge as spike ends: SAN FRANCISCO/HOUSTON (Reuters) – The unprecedented price… dlvr.it/2HYgF0
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