Energy Information Administration (EIA) in its monthly outlook report released Wednesday predicted the end of 2010, crude oil prices will fluctuate around 70 U.S. dollars. EIA said that in 2010 the average West Texas Intermediate crude oil price will be 72.42 U.S. dollars a barrel, with forecasts unchanged from August. The agency will forecast for the fourth quarter of this year from the previous 70 U.S. dollars down to 69.67 U.S. dollars. Is expected in the third quarter average price of 68.41 U.S. dollars, after predictive value of 67.38 U.S. dollars.
EIA said that if crude oil prices higher again, then the gasoline prices may again rise to June 22 hit a high of 2.69 U.S. dollars per gallon. 2010 average price of regular gasoline was 2.7 U.S. dollars, before the predictive value of 2.66 U.S. dollars, 2.34 U.S. dollars is expected in 2009.
Sep. 13, 2009
