ADVISORY/Oil Companies May be Preparing for $3/Gallon Gasoline in U.S., as Reported in Platts Oilgram News
--What: US suppliers of service station pricing numeral signage have confirmed that oil companies have started stocking up on 3s to use in signage at their gas stations, as reported in an article in Platts Oilgram News. Specifically, they are buying a "3 point," or the larger font used to denote 3 dollars, followed by a decimal. US retail gasoline prices have never before reached the $3 level. *To view this article in full, please click on the following link: http://www.platts.com/features/gasprices/index.shtml About Platts: Platts, the energy market information division of The McGraw-Hill Companies , is the world's largest and most authoritative provider of energy market information. The company has more than 325 professionals worldwide and products ranging from real-time and Internet-based news services, to market reports, databases, magazines and conferences. Platts services cover the oil, petrochemical, natural gas, electricity, nuclear power, coal, bandwidth and metals markets. Every day more than $10 billion of trading activity and term contract sales are based on Platts' price assessments. Additional information is available at www.platts.com and www.plattsmetals.com. Founded in 1888, The McGraw-Hill Companies has more than 300 offices in 33 countries. Additional information is available at www.mcgraw-hill.com.