Kevin G. Hall, McClatchy Newspapers: "US demand for oil and refined products - including gasoline - is down sharply from last year, so much that United States has actually become a net exporter of gasoline, unable to consume all that it makes. Yet oil and gasoline prices are surging. The ostensible reason for the climb of crude prices on the New York Mercantile Exchange, where ... [there] is [a] growing fear of a military confrontation with Iran in the Persian Gulf's Strait of Hormuz."
Read the Article
No comments:
Post a Comment