Put Rising Gas Prices to Work for You!

As I look back on the first quarter of 2012, one of the most glaring events was the rise in gas prices here in the U.S. Wholesale gasoline began the year at $2.66/gallon on the NYMEX, and closed last Friday at $3.33, a gain of 67 cents … a jaw-dropping 25 percent. The reasons for the increased gas prices are varied. Generally speaking, though, they’ve risen because oil prices have risen. I know that might sound obvious. But I’m not talking about the oil prices we follow in the U.S., which is known as West Texas Intermediate (WTI). Instead, I’m talking about what has replaced WTI as the global benchmark of oil: Brent . . . → Read More: Put Rising Gas Prices to Work for You!