WDKX BannerWDKX BannerWDKX Bannerwdkxwdkx
WDKX.com
103.9 FM WDKX
Rochester, NY
Your #1 Radio for R&B

What's Playing Now
What Played Earlier Today
103.9 WDKX Live
Windows Stream
Mac Stream

REQUEST A SONG!
CLOSE
Request A Song
Song
Artist

* Optional Info *
Your Age
Gender M F
Zip


WDKX
WDKX.com » Blog » Why Gas Prices Are Likely To Keep Climbing
Jul 18th 2013 7:25 am
Why Gas Prices Are Likely To Keep Climbing

Tom Kloza, chief oil analyst for GasBuddy.com predicts that there's at least a 50% chance gas could top the $3.79 a gallon high for the year reached in February. Such problems as unscheduled refinery shutdowns, hurricanes hitting the Gulf Coast or more political instability in oil-rich parts of the world could send prices significantly higher.

The rise in crude oil prices is one of the major factors in the recent gas price run-up, since oil prices end up being passed onto consumers. And while retail gas prices have risen quickly, they haven't kept pace with wholesale prices on the commodities markets -- meaning it's virtually certain you'll pay more at the pump, and soon.

Read More:http://money.cnn.com/2013/07/18/news/economy/gas-prices/

Source:CNN