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Gasoline Price is breaking the Resistance zone at 2.50 !

Gasoline Price is breaking the Resistance zone at 2.50 !

Prices are soaring amid a spike in the price of oil , which is refined into gas for cars. The national average price of gas has been at a seven-year high in recent days. Technically price is breaking the next key zone and going up. Price has touched this key zone multiple times since 2011:
04-Oct-2011, 23-Nov-2011, 19-Dec-2011, 29-Jun-2012, 07-Nov-2013, 15-Sep-2014.

  • [OPEC's Countries recently met and decided not to increase oil production as a way to build up supply and therefore lower prices amid the global economic recovery]
    [A global spike in natural gas prices is causing some energy companies to consider switching to oil to generate heat this winter.]

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