Kris Lathan Quotes

Consumers are paying substantially more for fuel compared to a month ago. Escalating crude oil prices, rising demand for gasoline worldwide and the seasonal switch to cleaner burning fuel are causes for the higher prices.

- Kris Lathan

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Consumers | Paying | Substantially | Fuel | Compared |

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The price hike comes as crude oil costs continue to climb on energy security woes involving Iran and Nigeria. In fact, crude oil was trading above $65 per barrel this week - a level not seen since the hurricanes of 2005. - Kris Lathan

Gasoline prices have begun their seasonal move higher. Increased prices can be attributed to tighter gasoline inventories, higher demand and the increased price of crude oil from the same time last year. - Kris Lathan