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Opinion: Oil Price Outlook

Diesel, gasoline and oil prices are at very low levels, and there appears to be little concern within trucking that this will change drastically in the near term. At the recent Oil & Money Conference conducted by the Energy Intelligence Group, executives and analysts within the oil industry seemed to concur with this assessment. Most speakers at the conference believe the price of oil will probably bounce around its current levels, at least for the next few months, and perhaps even longer.

Bob Costello and Diego Saltes | American Trucking Associations
December 22, 1998