Gas prices poised for spring spike
February 25, 2008
Gas prices jumped on Friday to their highest level since June. Analysts are suggesting this may be a preview of a coming Spring price surge.
Get the full article at: http://www/news.yahoo.com/s/ap/20080223/ap_on_bi_ge/oil_prices
There appears to be some economists that are suggesting that prices will remain less than $3.20 on a national average through the spring. With the economy positioned, if not already in a recession, rising gas prices does not bode well.
Barring a major supply disruption, or a war-related disruption (possible), small business owners who operate fleets of vehicles may want to budget for rising gas costs. Anticipating a spike, may put your business in a better cash state, than expecting prices to remain stable. Just too much uncertainty for me to be very optimistic.
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