You are in category: Hot Vehicles >> Articles >> Hybrid vehicles
Gas Prices Predicted to Soar This Spring
By Huw Evans
Although gas price hikes each spring are commonplace due to seasonal demand, analysts are predicting that in 2012, the price at the pumps could increase as much as 60 cents per gallon by Memorial Day.
This year, some are saying that current issues are creating a perfect (enough) storm to spur such marked increases. These include tensions in Syria and between Israel and Iran, plus speculators hedging their bets on future commodity price increases. It's reported these conditions could mean this spring's price jump mirrors the scenario in 2008, which saw a rapid ramp up of prices at the pump during spring and summer before falling back.
... more information hereYou are watching category Gas Prices Predicted to Soar This Spring, where you can find lot of intresting information.