Great news for everyone out there who owns a vehicle: crude oil prices have continued to fluctuate and rose to over $83 per barrel in early January then dropped to $72 on January 29th. Diesel and gasoline prices, however, are expected to rise in mid-to-late 2010 and early 2011, with diesel prices expected to rise to an average of $2.95/gallon in 2010 and $3.16/gallon in 2011. The biggest thing with diesel’s rise is the fact that demand for diesel is increasing. The auto transport industry is already barely making it with these insane diesel prices – now, with prices going up, more companies are going to be going out of business unless … [Read more...]




