With global economic recovery slowly taking place, the U.S. Energy Information Agency (EIA) predicts world liquid fuel markets will tighten over the next two years as global demand picks up. The EIA projects regular-grade gasoline will rise from a 2010 average of $2.78 per gallon to $3.29 by 2012, and diesel fuel will rise from an average of $2.99 per gallon in 2010 to $3.52 by 2012. These national fuel price increases will have impacts on Flagstaff businesses and consumers, presenting both … [Read more...] about Businesses Finding Challenge/Opportunity in Rising Crude Prices
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