Fast and Furious
Retailers who expect to see gasoline prices continue their recent fall are kidding themselves and should rethink their business models because $4-per-gallon gasoline is just one negative headline away, and the day of $100/barrel crude isn't too far off. Any escalation in news about the nuclear threat from Iran and North Korea, war in the Mid-East, terrorism, hurricanes or other supply disruptions could send retail prices accelerating upwards again in the next year.