Summary
Crude oil prices keep rising, dragging home heating oil and gasoline prices with them, and no one is quite sure why. Since Columbus Day, regular gas has surged by 21 cents to $2.52 a gallon on Tuesday in the Bergen-Passaic market, and heating oil has followed a similar path.
If this trend continues, for the first time this year, North Jersey consumers will soon be paying more for a gallon of gasoline than they did 12 months ago -- as happened nationally on Tuesday.See the full content of this document
Extract
Oil Prices Are Up, but Why?
Part of the increase is due to the drop in the value of the U.S. dollar (the currency on commodity markets), but this segment of an Associated Press s...
See the full content of this document
Sponsored links
