Thursday, November 04, 2010
Gas Prices Fueled
KENTUCKY....
Wholesale gasoline prices have risen sharply in the last few days, prompted by a small refinery fire in Illinois, a move by the Federal Reserve to inject $600 billion into the U.S. economy, driving down the value of the dollar, and another Department of Energy report showing healthy demand for petroleum amid shrinking supplies. Since the start of the week, gas stations have seen their wholesale cost rise as much as thirty five cents per gallon across several Midwest states.
Wholesale gasoline prices have risen sharply in the last few days, prompted by a small refinery fire in Illinois, a move by the Federal Reserve to inject $600 billion into the U.S. economy, driving down the value of the dollar, and another Department of Energy report showing healthy demand for petroleum amid shrinking supplies. Since the start of the week, gas stations have seen their wholesale cost rise as much as thirty five cents per gallon across several Midwest states.