Tuesday, January 22, 2013

Economy biggest factor on US gas prices

The Economy will be the biggest factor on US gas prices in 2013, excluding unforeseen events--

Headline Story | equities.com: "Absent significant storms, major wars or production and distribution outages, the single largest factor that will influence gasoline prices this year will be the strength of the U.S. economy, AAA reported this week. Oklahoma's average gasoline price is the sixth lowest of all the states. According to FuelGaugeReport.AAA.com, motorists in six states -- Utah, Wyoming, Colorado, Minnesota, Idaho and Oklahoma -- currently pay less than $3 per gallon of gasoline at the pump. Utah is the country's price leader at $2.90. The average price in Texas today is 18 cents above Oklahoma's. Only drivers in Hawaii pay more than $4 per gallon. The highest average prices in the continental United States are found in California and in the Northeast."

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