Gasoline Prices at Pump Likely to Decline Soon;Fears Are Eased on Threat to Oil Supplies

The Washington Post | January 21, 1991| | Copyright

Motorists can expect to start seeing the effects of the Persian Gulf War at the gasoline pump in the next few days in the form of declining prices.

With oil prices tumbling because of oil traders' confidence that the war with Iraq does not pose a serious threat to the region's oil supplies and because world supplies of petroleum are ample, major oil companies already have begun cutting gasoline prices and are likely to continue to do so in the days to come, experts said.

Mobil Corp. of Fairfax, for instance, cut its wholesale gasoline price as much as 9 cents a gallon in some markets late ...

Related newspaper, magazine, and trade journal articles from HighBeam Research

(Including press releases, facts, information, and biographies)

Sylvia Sleigh at 1-20.
Magazine article from: Art in America ; ...is that Sleigh has looked back to Elizabethan English portraits of men, especially Isaac Oliver's Edward Herbert, 1st Baron Herbert of Cherbury (ca. 1610-14), in which the founder of English deism reclines outdoors, his head resting on...

Find more facts and information related to the article "Gasoline Prices at Pump Likely to Decline ..."