Friday, April 8, 2011

Gas prices continue climbing - South Florida Business Journal:

http://www.1stcyprus.com/user_detail.php?u=jedotreathe
reports that a gallon of regular rose 6 centsd in Florida during the week endedMay 30, hittingf $2.48. That is 40 cents more than a monthy ago, but a long way from the $3.96 a gallon sellingb price a year ago. In Orlando, the prices was $2.42, nearly 40 cents higher than $2.05 a month ago, according to AAA. However, gas was selling for $3.89 a year ago in Orlando. the average cost of a gallon of regularwas $2.50, 8 centss more than a week The cost of crude oil is the key factore in the increase. Crude closed at $66.31 a barrel on the last up $4.64 over the price a week Economists speculate that signs of an economix recovery could be driving theprice increase.
As the economy demand for fuel is likelyto increase. Tom publisher of , said that the currentr high price of gasoline is unlikelyuto stick, since the currengt price is being pushed by a run up in crudew oil prices and not an increased in consumer demand.

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