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Gasoline Prices Spike Most Since 2008 After Pipeline Explosion

Tuesday, November 1, 2016 9:18
% of readers think this story is Fact. Add your two cents. / by Tyler Durden / Nov 1, 2016 9:35 AM

Following last night’s Colonial Pipeline explosion which killed 1 and injured several more, Wholesale gasoline prices have spiked most since Dec 2008 to 16-month highs as the closure of the largest fuel pipeline in America forces traders to book cargoes from Europe.

Prices spiked almost immediately – flash-smashing 15% higher before fading back… only to drift back to the highs this morning as reality sinks in…


The post Gasoline Prices Spike Most Since 2008 After Pipeline Explosion appeared first on Silver For The People.


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