U.S. gasoline prices at the lowest since 2004
Sabtu, 22 November 2008 | Labels: Berita | |WASHINGTON - Rates average gasoline in the United States to decline to below USD2 per gallon. Thus, the price of gasoline is the lowest price since Oct. 14 2004.
"While oil price falls this month free, but there is still possibility to continue to decrease. This is very possible to occur until early next week," said the statement AAA Mororist Group, as quoted from cnbc.com, Saturday (22/11/2008).
Explained, the price fall caused by the global economic difficulties and not because of fundamental factors, changes in the production or consumption of oil is.
For information, the price of oil has reached the highest level, namely, the USD147 per barrel in July 2008 and then.. However, the current price fell to below USD50 per barrel because of the impact of the global financial crisis, namely a decrease in demand from the United States and other countries.
