Friday, February 15, 2013
The Energy Information Administration (“EIA”) recently raised its 2013 forecast for average gasoline prices to $3.55 per gallon, the second highest price following last year’s record of $3.63 per gallon. High global Oil prices are considered by some to be one of the main culprits for higher gasoline prices, which is ironic given the huge increases in U.S. Oil production the past few years and the ample amounts of Oil currently in storage at the NYMEX delivery point of … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards