Monday, March 22, 2010

Gas prices expect to flatten

Even though the price of gas has risen an average of 86 cents above the price of a gallon a year ago, the increase has been predicted to slow down because the OPEC is not expected to stop overproducing at these prices. While the demand for gasoline tends to rise in the summer (although expected to be dampened this summer by the economic conditions and the continuous high levels of unemployment throughout the nation), the demand for crude oil decreases because of the lack of requirement for heating houses.

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