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  • Experts: $4 a gallon gas coming soon

    08/31/2005 9:23:49 AM PDT · by ContemptofCourt · 662 replies · 8,674+ views
    Money Magazine - CNN ^ | August 31, 2005 | Grace Wong
    Pricing analysts say consumers can expect even higher prices at the pump. August 31, 2005: 11:18 AM EDT By Grace Wong, CNN/Money staff writer NEW YORK (CNN/Money) - Consumers can expect retail gas prices to rise to $4 a gallon soon but whether they stay there depends on the long-term damage to oil facilities from Hurricane Katrina, oil and gas analysts said Wednesday. "There's no question gas will hit $4 a gallon," Ben Brockwell, director of pricing at the Oil Price Information Service, said. "The question is how high will it go and how long will it last?" OPIS tracks...