The Gulf oil spill isn’t expected to affect the short term gas prices, although long-term prices are a different story. It is thought that after the spill, the curbing of offshore drilling and new safety regulations and requirements will cause the prices to go up. It seems that the recent 3.2% rise in oil price is due to the oil spill, but experts say it has nothing to do with the rise. They say that the rise is a normal seasonal thing that comes with the increased number of summer driving.
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