As fears over Syria rise, so do Midlands gas prices
An analyst predicted that any big spike iat the pump would be short-lived because rising gas prices inevitably lead to a slowdown in demand.
Posted: Wednesday, September 4, 2013 12:00 am
Fuel analysts say the usual post-Labor Day drop in gasoline prices hasn't materialized because of turmoil in the Middle East.
“Once the situation in Syria cools down, we can expect gas prices will probably contract as well,” said Patrick DeHaan, a senior analyst for Gasbuddy.com. “So far, the situation there is preventing the usual decrease.”
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Wednesday, September 4, 2013 12:00 am.