And guess what? Gas prices are going higher.

Crude oil prices hit high point of the year this week. They may well retreat.

The crucial point is that China and India have had a surge in demand.

Gas prices are much lower than that $3 + a year ago, but rising. Look out!

This entry was posted on Wednesday, May 6th, 2009 at 11:52 am and is filed under Fuel Price Trends, Gas price, Fuel cost. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.