Gas at $4 a Gallon

Tom Kloza, OPIS chief oil analyst sees a gas spike coming this spring. First, because the oil refineries go down for maintenance at the end of the first quarter and secondly due to the closure of two significant East Coast refineries (plus 5 or 6 in Europe). Kloza says it will be “apocalyptic to people at the moment” and will mean $4 plus gas prices.

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