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PROGNOSIS * USA - DOE Lowers Forecast for Fuel Prices
Washington,DC,USA -Transport Topics -7 Oct 2008: -- The prices of oil, gasoline, heating oil and diesel all will average lower next year than earlier forecast, as global demand slows with the slowing world economy, the Energy Department said Tuesday... Diesel is projected to average $3.91 per gallon next year, down from a projected $4.01 average for 2008, reflecting a weakening of the wholesale distillate fuel price margins of this past summer, DOE said. Diesel and heating oil are both distillate fuels...Labels: fuel cost prognosis
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