CarBuyersNoteBook » normalizing http://www.carbuyersnotebook.com A Car Buyers NoteBook Thu, 18 Mar 2010 07:11:52 +0000 http://wordpress.org/?v=2.8.4 hourly 1 Gasoline Prices Rising Once Again http://www.carbuyersnotebook.com/gasoline-prices-rising-once-again/ http://www.carbuyersnotebook.com/gasoline-prices-rising-once-again/#comments Tue, 19 May 2009 05:30:08 +0000 Brian http://www.carbuyersnotebook.com/?p=7893 Here we go again! All the while we thought that the issue of oil prices had been a thing of the past, dropping and normalizing after it had hit outrageous numbers some months ago. But now we find ourselves in the middle of successive oil price hikes, an event that will surely become a headliner for the coming days.

And the reason for such hikes? Well owe it all to the continued country disagreements and war on critical countries that have supposedly normalized. Terrorism and fortuitous events have forced the hand of some companies to hike the prices, once again practicing caution in case something disastrous hits the crude oil market.

Gasoline for June delivery rose 3.76 cents, or 2.2 percent, to $1.7182 a gallon at 10:36 a.m. on the New York Mercantile Exchange. Gasoline futures prices touched $1.7485 before paring gains as the dollar rose against the euro.

(Source) AZCentral

Tags: caution, crude oil market, disagreements, fortuitous events, gasoline futures prices, gasoline prices, headliner, new york mercantile, new york mercantile exchange, normalizing, oil price hikes, oil prices, terrorism

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