Jim Rink
Jim Rink
associated cheap costs days gallon gas global higher increasing oil three
In general, $2 a gallon is a thing of the past. We have increasing global demand, decreasing availability of oil and higher costs associated with extracting it and refining it, so the days of cheap gas have probably been over for two or three years.
easily gallon gas hit last per prices reached threshold
Gas prices could easily hit $3 per gallon this summer. That threshold was already reached last year.
economy growing rapid
Right now their economy is growing at a rapid pace, and they need to be supplied with oil.