Posted
3:37 PM
by Gene
Get ready and ROLL YOUR EYES:There's a "surfeit of worry over gasoline supplies to much of the U.S. and gasoline prices have acted accordingly," said John Kilduff, an analyst at Fimat USA....
And "$4 gasoline will likely be visited upon consumers in many areas," he said....
There's a "huge crisis in gasoline -- our worst fears are recognized," said John Person, president of National Futures Advisory Service.
Near term, he believes prices at the pump may reach $3 -- "possibly as high as $3.20 as a national average as early as late next week," he said.
But in late September, he sees prices backing down toward $2.35 to $2.50 for regular unleaded "as long as these refineries get on-line and we do not have further disruptions," he said.AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAARRRRRRRRRRRRRRRRGGGGGGGGGGGHHHHHHHHH!!!!!!!!!!