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Politics : Rat's Nest - Chronicles of Collapse -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (3806)	4/5/2006 3:37:27 PM
From: Wharf Rat	Read Replies (2) \| Respond to of 24213

Gasoline spotlight "All the concern is really starting to focus on unleaded and as April whittles away and we approach the summer driving months, all bets are off," said Kerr. Indeed, Kerr's expecting gasoline to rise to $3 a gallon at the pump and sees a risk of $6 to $7 gasoline this summer. The key factors affecting prices will be hurricanes, new ethanol requirements and developments in the Middle East. "All of that combined with higher summer demand mean any pullback is a buying opportunity," he said. Prices at the retail level for regular unleaded gas have been climbing, with the average price per gallon last at $2.59, nearly 31 cents higher than a month ago and 19% above the year-ago level, according to AAA's Daily Fuel Gauge Report. In the latest developments from the Middle East, Iran's foreign minister vowed that Tehran will push ahead with its controversial nuclear-research program, even after the United Nations Security Council called on it to suspend uranium enrichment, Agence France-Presse reported. Manouchehr Mottaki condemned Iran's referral to the Security Council as a ""political decision which, unfortunately, shows that the logic of domination has taken the upper hand over reason." As quoted by AFP, the minister said: "There are two paths available to us: that of understanding, cooperation, dialog and work within the framework of the International Atomic Energy Agency and that of confrontation. The Islamic republic prefers the former." marketwatch.com.