We’re in a thick fog right now as far as energy price trends go. Oil prices, which had been steadily climbing, have now softened. Natural gas prices have firmed up, but still don’t know what to do. We go into some of the reasons for this on the next page, but given the situations in the Japan and the Middle East there are more questions than answers.
Oil prices have fallen by over $7 per barrel in the past four days. The big (and unanswerable) questions are:
- Is this a sustainable drop or a quick reaction to world events?
- Will this drop translate to lower prices for gasoline & diesel?
Advertisement
