Asian crisis pushes down U.S. gasoline price

  • 21/11/1998

Asia's economic collapse will depress oil and gasoline prices for nearly a decade, saving motorists in the United States about 13 cents a gallon in 2000 alone, the Energy Department said. While the Asian crisis has already helped to lower energy costs, the report offers by far the most strongest evidence that the effects will be deep and long-lasting.