petroleum

Gasoline prices
12:20 pm
Tue January 31, 2012

Petroleum Industry Analyst Says 2012 Could be a Costly Year at the Gas Pump

Industry Analyst Gregg Laskoski of GasBuddy.com says there are many uncertainties in the market place this year, but he believes median gasoline prices could reach or exceed four dollars per gallon by Memorial Day in many parts of the country. A new report released by GasBuddy.com warns that the retail price of gasoline at the start of 2012 was  signicantly higher than just two years ago. Laskoski calls that an "ominous sign" for the rest of 2012.  He spoke with Dan Modlin...........