Business & Tech
Gas Gauge: No Movement Is Good Movement—Right?
In the best scenario, the price of gasoline in Geneva would be going down. That it's not going up this week, is probably as good as we can expect.
The price of a gallon of regular gasoline in Geneva held steady this week, continuing we talked about on July 5.
After the volatility of previous weeks—increasing through May and decreasing through June—we're looking at a big fat "ditto" for Monday, July 11.
Every single price is the same at all seven Geneva stations on the Gas Gauge list.
Find out what's happening in Genevafor free with the latest updates from Patch.
Patrick Dehan, in his "Energy Intelligence" post for U.S. News, says prices are about to go up, and it's no surprise.
Dehan says basically that oil inventories are pretty darned good, which means that oil producers will cut back.
Find out what's happening in Genevafor free with the latest updates from Patch.
Which means the price of oil will go up ... and you can follow that trickle down until we get to the price of gas in Geneva, which surely will follow an upward trend, right?
[And thanks to U.S. News, see political cartoons about energy policy here.]
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