Following three consecutive weeks of declining retail gasoline prices, including nearly a five cents drop the past week, the US EIA said that “it certainly does look like retail prices have turned the corner and are now trending down, after rising almost every week for the first five months of the year.” The EIA’s Administrator,…
MARKETS: US EIA says retail oil prices may have “turned the corner” but warns of dangers
Posted on June 18, 2004 by EnergyAsia