Home pagePress CenterIn the Media Frank Verrastro, director of the CSIS Energy and National Security Program, was quoted by the Houston Chronicle, " 'It's Going to be a Tough Year' Analysts Predict"
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Frank Verrastro, director of the CSIS Energy and National Security Program, was quoted by the Houston Chronicle, " 'It's Going to be a Tough Year' Analysts Predict"
Perhaps it's time to have that talk with the boss about telecommuting.
Prices at the gas pump hit new heights Tuesday, with government forecasters warning they could top $4 a gallon in some markets this year.
Consumers' other energy costs — electricity, natural gas and home heating oil — are likewise expected to reach or approach record levels in 2008, the U.S. Energy Information Administration reported Tuesday.
"It's going to be a tough year," said Frank Verrastro, a former Pennzoil executive who now directs the energy program at Washington's Center for Strategic and International Studies.
The Center for Strategic and International Studies (CSIS) is a private, tax-exempt institution focusing on international public policy issues. Its research is nonpartisan and nonproprietary. CSIS does not take specific policy positions; accordingly, all views, positions, and conclusions expressed in these publications should be understood to be solely those of the authors.