It seems like every time a motorist passes a filling station they look at the price board with fear in their eyes.
Don Good, of the Good Oil Company in Winamac, explains the dramatic increase this week. Continue reading
Speculators and the unrest in the Middle East continue to drive gas prices in the United States. We talked to Don Good from the Good Oil Company about the current gas price situation.
“You’d think we’d be losing some steam on this,” said Good. “It’s pretty much speculation that is driving prices. The good news is unemployment is down and the bad news is, the economy is going to heat up, petroleum is going to go up, use is going to go up so that’ll probably keep it from going down too much. As long as the Middle East is in turmoil, there’s more support there. I’m going to guess that we should see it leveling off very soon, but to be honest with you, I never thought we’d get to four dollars either.”
