SAN FRANCISCO (AFX) — “AAA believes the long-term trend for gas prices is higher, not lower,” Chief Executive Robert Darbelnet of AAA said in a statement at a news conference at the Detroit Economic Club. Specifically, AAA expects average gasoline prices to continue to rise over the next five years, mainly due to “rising demand…
MARKETS: US’s AAA sees ‘long-term trend’ of higher gasoline prices
Posted on March 12, 2004 by EnergyAsia