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Santa Not Bringing Low Gas Prices

It’s rare for gas prices to go up between Thanksgiving and Christmas(5 times since 1990), but analysts think that is exactly what will happen this year. A gal. of regular gasoline is up 8 cents since the end of Oct. and will inch up through Dec. Probably not to $3, but…

“With supplies going down and demand going up, we should still see the price go up,” Alaron Trading analyst Phil Flynn says. But that doesn’t mean prices will skyrocket. Flynn expects the price at the pump will go up another 5 to 10 cents by Christmas.

Oil prices are up. Gasoliine inventories are down. Demand is up. You fill in the blank: $_

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