Gas getting pricier, oil demand rises

Filed under
Misc

"With the petroleum industry pumping just barely enough fuel to keep the world's economic engine humming, a buying frenzy on oil markets is setting the stage for sharply higher gasoline prices as early as next week.

It soon will be difficult to find any gas stations across America selling regular unleaded for less than $2 a gallon, analysts said. That's because gasoline prices on futures markets have soared 20 percent in the past week alone."

Full Story.