A really bad case of gas prices...
Well, if you thought 2009 would bring gasoline prices below $1, you may want to think again.My own optimism was shattered today after talking to a couple of oil industry analysts.
They differed on how gas prices would go up...but expect them to increase in California -- maybe to $3 or maybe to the $2.75 range.
It's frustrating to hear this... I'd have to agree with people I talked to at the pump about the potential for paying $3 again. In an economy where gasoline is a vital tool for making a living, people are taking a big hit at the worst possible time.
About this blog
Economic Alert is a daily blog on business and the economy in the San Gabriel Valley and beyond, featuring updates and observations from the staff of the San Gabriel Valley Newspaper Group. SGVN includes the San Gabriel Valley Tribune, Pasadena Star-News and Whittier Daily News.
Your hosts:
Kevin Smith is business editor for the San Gabriel Valley Newspaper Group. Over the past 15 years, Smith has covered development, housing, employment, technology and financial trends for a variety of newspapers.
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Ryan Carter covers business and the economy for the San Gabriel Valley Newspaper Group.
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Your hosts:
Kevin Smith is business editor for the San Gabriel Valley Newspaper Group. Over the past 15 years, Smith has covered development, housing, employment, technology and financial trends for a variety of newspapers.
Ryan Carter covers business and the economy for the San Gabriel Valley Newspaper Group.
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