Auto News

AutoGuide News Blog

The AutoGuide News Blog is your source for breaking stories from the auto industry. Delivering news immediately, the AutoGuide Blog is constantly updated with the latest information, photos and video from manufacturers, auto shows, the aftermarket and professional racing.
 |  Apr 10 2012, 5:02 PM

As if it wasn’t bad enough that analysts are reporting that gas prices will hit an all-time high this summer with a potential of hitting an average of $3.90 per gallon, reports are now coming in that East Coast gas prices may spike due to refineries closing.

“There are going to be logistical problems getting product into New York,” said Ben Brockwell, an analyst at the Oil Price Information Service. “The people I talk to are expecting shortages from August through the rest of the year.”

Continue Reading…