Fair
44°
Morris, IL
Fair|Forecast »

Market analyst predicts cheaper gasoline in the coming year

DECATUR (MCT) — Consumers could continue seeing much wanted relief at the gas pump, if the predictions of one energy analyst again prove to be correct.

The United States is poised for what Marshall Adkins, during a presentation Thursday at Millikin University, termed as an “unbelievable transition” in oil production. If the forecast holds up, the price of fuel could approach $2.50 a gallon by early next year, said Adkins, director of energy research for Raymond James and Associates Inc.

Story Archived

Only the most recent 7 days of articles are available for free. For articles older than 7 days there is a small fee for retrieval from our archive. If you are a registered member of the site, the content is free just by signing in below.

Please sign in with your Comment Member ID and password.

Did you purchase access?

Member ID:
Password:
Forgot Your Password?
Register to comment.

Purchase Access
To allow for flexibility, we offer a variety of options for purchasing articles:
Purchase options


Having trouble?

If you have any technical difficulties, either with your username and password or with the payment options, please contact us by e-mail at archivedesk@shawmedia.com


Reader Poll

Were you impacted by last week's flooding?

Yes, but only inconvenienced by closed streets
Yes, water got close, but everything worked out OK
Yes, I had to evacuate my home or workplace
Yes, my house sustained extensive damage
No, I managed to avoid it all