Oil Rally Will End When Consumers Give Up On Gas
Oil costs are increasing and gas costs are approaching levels not seen since the summer of 2008. Despite a large volume of oil and gas reserves in the United States, speculators have managed to drive up the price of oil 21 percent this year. However the law of supply and demand is expected to prevail when consumers can no longer afford to sustain demand for gasoline. Source of article – Oil and gas destined to fall as prices pinch consumer … Continue reading →