Gas Prices Expected To Remain Steady For August
Submitted by News Desk 2 on Tue, 07/31/2012 - 15:17
Both economists and AAA have said they don't expect gas prices to rise during August, giving both consumers and businesses a chance to save some extra money or improve profits.
Retail prices at the pump rose 5.1% and was the first retail increase since March and the largest for the month of July since 2000. ”Higher global oil prices and increased demand for gasoline during the busy summer driving season were the primary factors that sent pump prices higher in July” said AAA spokesperson Avery Ash.
