Gasoline ETF Rises to Highest Level Since 2008
Posted on February 22, 2013 at 14:17 PM EST
Gas prices rose every day from Jan. 17 through Feb. 20, fueling the rally in U.S. Gasoline Fund (NYSEArca: UGA) to its highest level since 2008. “Drivers in the U.S. should expect to see a ‘modest further increase’ in gasoline prices at the pump as refinery outages cut supply and...