Gas Prices Expected to Rise at Pump - - Yay! Let's have a beer with Bush!

[Bluebear]

Gas Prices Expected to Rise at Pump As Futures Rally Continues on This Week's Inventory Report

NEW YORK (AP) -- Gasoline futures extended their rally Friday, raising the prospect that prices at the pump will reverse course and again head higher in the coming weeks. Oil futures moved above $68 a barrel...

That's because gasoline futures have risen sharply in the wake of a government report on Wednesday that shocked traders by showing gasoline inventories remained flat as refineries used less of their capacity than they had the week before.

Also boosting prices on Friday was a lower-than-expected core inflation figure, which encouraged investors to move money from fixed income investments to commodities.

http://biz.yahoo.com/ap/070615/oil_prices.html?.v=13

[Double T]

1. 'lower-than-expected core inflation figure'...................

where are the idiots that make these kind of statements living? In three months, the same people will come out and admit they made a 'mistake' and inflation was actually higher than reported. Give me reality or give me death!

[madrchsod]

2. they dropped anywhere fron 10-20 cents around here

the 4th is just a few weeks away so they`ll be back up

[catmandu57]

3. They topped out here during memorial day

at 3.32 per gallon for regular, since then they've dropped to a low of 2.82 fifty cents per gallon, I imagine they'll crest for July fourth around 3.40 or so then will start a fall off ubtil about the second week of August when they start the Labor day esculation.