With all of the people who we talk to, they believe that gas prices will (click here for them to see the rest of the article)continue to move downward into the New Year. Most people still believe that gas prices should give back another 15-20 cents per gallon at the gas stations before the holiday season. That would be an early present for all of us.
Diesel fuel prices are also predicted to go down slightly, maybe another 5 to 10 cents. Be careful because that will turn and head the other direction before the baby new year 2013 arrives. Diesel fuel demand is going to be strong across the world and put pressure on diesel fuel prices. Additionally, if the Northeast U.S. has a cold winter that will increase demand for heating oil which comes from the same distillate as diesel fuel.
Keep checking at www.SokolisGroup.com home page to check how crude oil prices are going. Crude oil is usually a very good predictor of what gas prices and diesel fuel prices will do in the coming weeks.
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