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ITMS

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ITMS

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Wednesday, 02/01/2012 10:40:13 AM

Wednesday, February 01, 2012 10:40:13 AM

Post# of 784
Gasoline Nears Six Month Highs, Here Is The Reason


Nearly everyday we hear about the problems in the Middle East with Iran. While there could be conflict with the oil producing nation; it is important to realize that this is not causing gasoline to increase in price. Gasoline has been steadily rising over the past four months and is now trading near a six month high. On December 16, 2011 the United States Gasoline Fund (NYSE:UGA) was trading as low as $45.17 a share. This morning the UGA is trading higher by 0.64 cents to $53.14 a share. Last week, the UGA made a new five month high at $53.78 a share and remains strong on the charts at this time. ...Continue reading here: http://bit.ly/ypuHRZ
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