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Analyst: No Straight Line When It Comes To Figuring Out Gas Prices

By Anthony Silva, WBZ NewsRadio 1030 New England Business Editor

BOSTON (CBS) – A well-known energy analyst says concerns about Iran account for much of the prices we’re playing at the gas pump.

But there are other factors; U.S. refineries, for example, are not producing at full capacity.

Local gas prices are racing closer to $4 a gallon, but the cost of a barrel of crude fell today in New York and London.

WBZ NewsRadio 1030’s Anthony Silva spoke with John Kilduff

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