Monday, November 14, 2011

Gas pricing changes from the European debt crisis?

The European debt crisis has been changing the U.S. gas prices drastically. The gas prices have been going up and down for the past few months. The price of oil fell to almost $98 per barrel. Due to the craziness happening in Europe, the U.S. is also worrying if it could lead to other things such as bank failures and possibly another recession. If this were to happen it would mean a weaker demand for oil.

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