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Experts: $4 a gallon gas coming soon
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| Contributor | Guy |
| Last Edited | Guy Aug 31, 2005 06:19pm |
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| Category | News |
| News Date | Thursday, September 1, 2005 12:00:00 AM UTC0:0 |
| Description | NEW YORK (CNN/Money) - Consumers can expect retail gas prices to rise to $4 a gallon soon, but whether they stay there depends on the long-term damage to oil facilities from Hurricane Katrina, oil and gas analysts said Wednesday.
"There's no question gas will hit $4 a gallon," Ben Brockwell, director of pricing at the Oil Price Information Service, said. "The question is how high will it go and how long will it last?" |
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