Gas Price Jump Imminent Following Saudi Attacks

The attack on a Saudi Arabia oil facility, now being blamed on Iran, that caused crude oil futures to spike more than 10% to start the week is likely going to start hitting consumers at the pump over the next couple of days, according to Bloomberg. Despite retail gasoline futures jumping as much as 20 cents on the New York Mercantile Exchange early in the week, the average US retail gasoline gallon rose just 1 cent since Sunday. But the impact of futures rising will become more pronounced over the next day or two, according…