According to the Energy Information Administration they predict that high fuel prices will not go away soon. With oil hovering around $60/barrel and natural gas costing double what it did a year ago at $15 per thousand cubit feet the EIA does not see a lot of relief in the near future. Making things worse, the EIA predicts that electricity price will also continue to rise. For a chart on the latest crude oil prices goto NYMEX.
Saturday, December 10, 2005
High fuel prices not going away
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