Prepare Yourself for Higher Gas Prices

Feb 24, 2009 - Aaron Task - Yahoo Finance

With the economy tumbling, joblessness rising, and the stock market at 11-year lows, about the only positive thing for Americans' pocketbooks lately has been (relatively) lower gas prices. But this too shall pass, according to James Cordier, president of Liberty Trading Group in Tampa. Cordier, whose firm specializes in selling options on commodities, notes that while oil supplies are at a 16-year high, gasoline inventories are at a 5-year low.

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