I was wrong when I said $3.00 gas was possible but not probable in Missouri this spring. Here's why there's a good chance gasoline will hit $3.00 a gallon.
Today (Oct. 21), the Sedalia Rotary Club welcomed Tom May, the Director of Employee Public Relations with the MFA Oil Company in Columbia, Mo., who spoke on the advantages and disadvantages of ethanol, which makes up 10% of every gallon of gasoline in cars today.
Memorial Day weekend is coming up, and many people will be hitting the road to join in some Memorial Day festivities with their friends and families. Whether you're heading to a friend's barbecue or attending one of the holiday events downtown, you'll probably be doing some driving this weekend. Unfortunately, you might be spending quite a bit on gas money to get where you're going.
Hurricane Sandy may have wreaked havoc on the Eastern seaboard, but its aftereffects are providing drivers all over the country with a bit of relief at the pump.
The chances of gas prices falling below the $3 mark anytime in the near future might seem unlikely, but analysts say that it could come close. Fuel costs, already dropping, are expected to continue to do so for the rest of the year.